HomeUncategorizedWoman Selling New Naira Notes On Social Media, Arrested By ICPC

Woman Selling New Naira Notes On Social Media, Arrested By ICPC

The Independent Corrupt Practices and other related offences Commission (ICPC) has arrested one Oluwadarasimi Emma selling the new naira notes on social media.

The commission disclosed this in a statement signed by spokesperson, Azuka Ogugua.

According to the statement, Emma, a serial entrepreneur, with the Twitter handle Simisola of Lala, colluded with “key elements” in the financial sector to divert the new notes and sell them in the black market.

“The arrest was as a result of intelligence received which led the ICPC operatives to seek out and promptly arrest the suspect.

“Oluwadarasimi Emma, a social media ‘serial entrepreneur’ who deals in skincare, sales of fuel, facilitation of foreign travels through visa acquisitions, and other businesses, 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’,” the statement showed.

The commission further disclosed that Oluwadarasimi was currently in ICPC detention and was helping the Commission with its findings on the criminal trading of the naira and the attendant scarcity and negative economic outcomes being caused by the action.

“The action is in furtherance of the collaboration between CBN ICPC and EFCC in implementing the new cashless policy and naira redesign,” it added.

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