Woman lands in ICPC custody for offering redesigned naira notes for sale

Oluwadarasimi Emma arrested by ICPC operatives for selling redesigned naira notes on the social media

A serial entrepreneur Oluwadarasimi Emma with the Twitter handle @Simisola of Lala is now in custody, telling operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) everything she know about the ongoing racketeering of the redesigned naira notes.

Oluwadarasimi was arrested for offering the redesigned Naira notes for sale on social media in the midst of the scarcity of the currency, even from banks and ATMs nationwide.

The woman had taken advantage of the scarcity of the new naira notes to begin trading in them at a premium, says ICPC spokesperson, Azuka Ogugua.

She said the woman was arrested as a result of intelligence received by ICPC’s operatives.

“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, ” she said.

She added that the woman, a social media “serial entrepreneur” deals in skincare, sales of fuel, facilitation of foreign travels through visa acquisitions, and other businesses.

According to her, the suspect is currently in ICPC detention and is helping the anti graft agency with its findings on the criminal trading of the naira and the attendant scarcity and negative economic outcomes being caused by the action.

She further explained that the arrest was in furtherance of the collaboration between CBN, ICPC and EFCC in implementing the new cashless policy and Naira redesign.


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