The sons of Razaq Okoya, the billionaire industrialist, Subomi and Wahab, have been invited by the Economic and Financial Crimes Commission (EFCC) for interrogation over alleged abuse of the naira.
This follows a viral video showing the duo spraying naira notes while a police officer held wads of cash at a public event, an action that contravenes Section 21(3) of the Central Bank of Nigeria Act, 2007.
Muyiwa Adejobi, Force spokesperson, confirmed that the officer’s actions were unethical and that he would face disciplinary measures as part of the police’s efforts to uphold professionalism and integrity.
Subomi later apologised to the Nigerian public for his actions and the anti-graft agency, claiming unaware that abusing the naira, Nigeria’s currency, is an offence.
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In a post on his X account on Friday, Subomi claimed that he did not understand the legal implications of his action.
He wrote: “To the Nigerian people, my actions were not to cause any trouble or harm. My intentions were pure and naive. I ask for your forgiveness and support in this situation as I had no intention to raise such an alarm. I wasn’t fully aware of the consequences of my action.”
However, EFCC in a letter signed by Michael Wetkas, acting director of the Lagos directorate of the EFCC, 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.
