‘Report to the Head!’ EFCC Summons Okoya’s Sons Over Alleged Naira Abuse in Viral Video

The Economic and Financial Crimes Commission (EFCC) has invited Subomi and Wahab, the sons of Razaq Okoya, the billionaire industrialist, for interrogation over alleged abuse of the naira.

In the invite signed by Michael Wetkas, acting director of the Lagos directorate of the EFCC, the anti-graft agency directed the duo to report to the head, special operations team at the 15A Awolowo Road office of the commission by 10am on Monday, January 13, 2025.

The video — which featured a police officer holding wads of N1,000 notes as the boys encircled to a tune — had elicited outrage on social media.

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On January 10, Muyiwa Adejobi, spokesperson of the Nigeria Police Force (NPF), announced that the officer seen in the video had been arrested and detained.

He said the officer’s actions were unethical, adding that he would face disciplinary action.

“The policeman captured in the recent viral video shared by the sons of the Lagos businessman, Chief Okoya, where they were abusing the naira, has been identified and detained for disciplinary action,” Adejobi wrote on X.

“The involvement of the policeman has been condemned, as it’s unethical. We will always strive hard to uphold the sanctity, credibility, and core values of the police.”

In 2024, the EFCC ramped up its enforcement of naira abuse by celebritries, citing Section 21 of the Central Bank of Nigeria (CBN) Act.