A Federal High Court sitting in Independence Layout, Enugu State, has sentenced a man, Iziga Jude Ikechukwu, also known as Easy-money, to one year imprisonment for abusing Naira notes during his birthday celebration.
In a statement issued by EFCC, the judgment was delivered by Justice F. O. Giwa-Ogunbanjo after the defendant was prosecuted by the Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC).
Ikechukwu was arraigned on March 26, 2026, on a one-count charge bordering on the mutilation of Naira notes to the sum of N81,700.
The charge reads: āThat you, Iziga Jude Ikechukwu on 22nd February 2026, at Embassy Hotel Enugu Ezike, Enugu State, within the jurisdiction of this Honourable Court, while celebrating your birthday, you danced and matched on the sum of Eighty-one thousand, Seven hundred Naira (N81, 700. 00) notes issued by the Central Bank of Nigeria. You thereby committed an offence to wit: mutilation, contrary to and punishable under Section 21 (1) of the Central Bank of Nigeria Act, 2007ā.
He pleaded guilty to the charge.
Following his plea, the court convicted and sentenced him to one year imprisonment from the date of arraignment, with an option of a N300,000 fine.
The court also ordered that the sum of N81,700 recovered from him be forfeited to the Federal Government through the Commission.
The 24-year-old palm kernel dealer was arrested on February 28, 2026, at his residence around the timber market in Enugu Ezike, Enugu State, by EFCC operatives.
His arrest followed actionable intelligence from a viral video circulating on social media, where he was seen recording himself while abusing Naira notes in his hotel room during his birthday celebration.
He was subsequently charged to court and convicted.
Easy-Money lands man in jail over naira abuse
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