EFCC arrests three for spraying Naira notes at burial in Delta

In a notable enforcement action, operatives from the Benin Zonal Command of the Economic and Financial Crimes Commission (EFCC) have apprehended three individuals for the unlawful act of spraying naira notes during a burial ceremony in Asaba, Delta State. The EFCC disclosed this development in a statement posted on X.com on Friday.

According to the EFCC, the arrests were made following credible intelligence that implicated the suspects in the abuse of the naira. The suspects, identified as Stanley Ogbolu (35), Odiaka Sorwu (42), and Kelvin Anyakwu (42), were allegedly observed spraying naira notes on a celebrant at the burial ceremony.

The EFCC emphasized the seriousness of the offence, noting, “The suspects were arrested following credible intelligence on their suspected involvement in naira abuse.” The EFCC’s swift action underscores its commitment to curbing practices that degrade the value of the national currency and violate financial regulations.

The anti-graft agency further highlighted that the suspects will be charged in court once investigations are concluded. This arrest is part of a broader crackdown by the EFCC on individuals who engage in the abuse of the naira, reinforcing the legal provisions that prohibit such actions. Under Nigerian law, spraying and mishandling banknotes are offences that attract penalties, aimed at preserving the dignity and stability of the national currency.

The EFCC has been actively working to enforce these regulations and educate the public on the importance of proper currency handling. This effort is part of a larger mandate to prevent financial crimes and promote economic stability in Nigeria.

In a related incident reported by PUNCH Online in May, the EFCC arrested a woman identified as Janty Emmanuel. Intelligence reports had indicated her involvement in spraying naira notes at a social event, leading to her apprehension. This earlier arrest highlights the ongoing nature of the EFCC’s efforts to address this issue and the agency’s determination to bring offenders to justice.

The EFCC’s consistent actions against naira abuse serve as a deterrent to others who might consider engaging in similar practices. By making examples of those who flout currency regulations, the EFCC aims to instill a sense of responsibility and respect for the naira among Nigerians.

The agency’s commitment to this cause is evident in its proactive measures and public awareness campaigns. The EFCC has been working diligently to inform the public about the legal implications of naira abuse and the importance of adhering to currency handling guidelines. These efforts are crucial in fostering a culture of financial propriety and safeguarding the integrity of the national currency.

In conclusion, the recent arrests in Delta State highlight the EFCC’s unwavering dedication to its mandate of preventing financial crimes and maintaining economic order. The agency’s actions send a clear message that naira abuse will not be tolerated, and those who engage in such practices will face legal consequences. As the EFCC continues its crackdown on currency abuse, it calls on all Nigerians to respect the naira and comply with financial regulations to ensure a stable and prosperous economy.

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