EFCC Arrests Man For Allegedly Mutilating Naira Notes During Birthday Party

The Economic and Financial Crimes Commission (EFCC) has arrested Iziga Ikechukwu, popularly known as “Easy-money,” for allegedly mishandling naira notes during his birthday party.

The commission revealed the arrest in a statement posted on X on Thursday.

Ikechukwu, a 24-year-old palm kernel trader, was apprehended by the EFCC’s Enugu Zonal Directorate after a viral video surfaced online showing him abusing naira notes in a hotel room. The act is said to contravene Section 21 of the Central Bank of Nigeria Act of 2007.

Following the receipt of actionable intelligence, a preliminary investigation was conducted, which led to Ikechukwu’s identification and arrest. He was taken into custody on February 28 at his residence in the Timber Market area of Enugu‑Ezike, Enugu State.

During the arrest, operatives recovered N81,700 suspected to be part of the currency he allegedly mutilated.

The EFCC confirmed that Ikechukwu will face charges in court upon the completion of investigations.