The Economic and Financial Crimes Commission (EFCC) has summoned Subomi and Wahab, the sons of billionaire industrialist Razaq Okoya, over allegations of naira abuse.
The anti-graft agency, in an invitation signed by Michael Wetkas, acting director of the Lagos directorate of the EFCC, directed the brothers to appear at its Lagos office on 15A Awolowo Road, Ikoyi, by 10 a.m. on Monday, January 13, 2025.
The move follows a viral video in which the Okoya brothers were seen allegedly “abusing the naira” during a promotional shoot for a new song.
In the video, a police officer was seen holding wads of N1,000 notes while the brothers danced around him to the tune of the song.
The video has sparked widespread criticism on social media, with many Nigerians condemning the misuse of the national currency.
Muyiwa Adejobi, spokesperson for the Nigeria Police Force (NPF), announced on January 10 that the officer involved in the video had been identified, arrested, and detained for unethical conduct.
“The policeman captured in the recent viral video shared by the sons of Chief Okoya has been detained for disciplinary action.
The involvement of the policeman is unethical, and we are committed to upholding the values and credibility of the police,” Adejobi stated.
The EFCC’s summons is part of its ongoing enforcement of Section 21 of the Central Bank of Nigeria (CBN) Act, which prohibits the abuse of naira notes.
In recent years, the agency has intensified its crackdown on public displays of naira abuse, particularly by celebrities and social media influencers.
In 2024, the EFCC arrested Bobrisky, a controversial social media personality, for allegedly defacing naira notes. Similarly, Cubana Chief Priest, a popular socialite, faced a three-count charge for naira abuse.
The EFCC has reiterated its commitment to ensuring the sanctity of the naira and called on Nigerians to respect the currency as a symbol of national pride.