HomeSecurityICPC arrests woman for allegedly selling redesigned Naira notes

ICPC arrests woman for allegedly selling redesigned Naira notes

Date:

Related stories

Police present N83 million to families of deceased officers in Kano

The Kano State Police Command has disbursed N83,102,207.38 to...

Two bandit leaders killed in Zamfara security operations

Reports have confirmed the killing of two notorious bandits,...

Nigerian military rejects N2.1m donation to officers who killed bandits leader

The Nigerian military authorities have rejected a N2.1 million...

EFCC urges Nigerians to scrutinize constituency projects, report corruption

The Economic and Financial Crimes Commission (EFCC) has urged...
spot_img

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested a woman with the Twitter handle @Simisola of Lala, allegedly offering the redesigned Naira notes for sale on social media.

Spokesperson for the commission, Mrs Azuka Ogugua in a statement on Wednesday said that she was arrested as a result of intelligence received by ICPC’s operatives.

She said the suspect allegedly seized the opportunity of the scarcity of the new naira notes to openly market the new notes.

“It is believed she is in collusion with key elements in the financial services sector diverting the newly released notes away from banking halls and payment channels into a “ black market, ” she said.

She added that the woman, a social media “serial entrepreneur” deals in skincare, sales of fuel, facilitation of foreign travels through visa acquisitions, and other businesses.

According to her, the suspect is currently in ICPC detention and is helping the anti graft agency with its findings on the criminal trading of the naira and the attendant scarcity and negative economic outcomes being caused by the action.

She further explained that the arrest was in furtherance of the collaboration between CBN, ICPC and EFCC in implementing the new cashless policy and Naira redesign. (NAN)

Subscribe

Latest stories

LEAVE A REPLY

Please enter your comment!
Please enter your name here