EFCC arrests 24-year-old for Naira abuse at birthday bash

Abdullateef Fowewe

Operatives from the Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested a 24-year-old palm kernel dealer, Iziga Jude Ikechukwu (aka Easy-money), for allegedly abusing Naira notes during his birthday party.

The arrest stemmed from a viral social media video showing Ikechukwu recording himself mutilating currency in a hotel room.

According to the EFCC’s statement released Thursday, “Operatives of the Enugu Zonal Directorate have arrested one Iziga Jude Ikechukwu for allegedly abusing Naira notes during his birthday party.”

Acting on actionable intelligence from the video, EFCC conducted a preliminary investigation, pinpointing the suspect’s identity and location.

He was nabbed on Saturday, February 28, 2026, at his residence near the Timber Market in Enugu-Ezike, Enugu State.

“Upon arrest, the sum of N81,700.00 (Eighty-one Thousand, Seven Hundred Naira) suspected to be part of the money he was mutilating, was recovered,” the statement added.

The offense violates Section 21 of the Central Bank of Nigeria (CBN) Act of 2007.

Ikechukwu “will be charged to court as soon as investigations are concluded,” EFCC confirmed.