The Economic and Financial Crimes Commission, EFCC disclosed to the public that the agency cannot prosecute old cases of naira abuse, adding that the Special Task Force against Naira Abuse and Dollarisation of the Economy was established on February 7, 2024. According to a statement released by Dele Oyewale, the commission's Head of Media & Publicity, “Increasingly, members of the public are drawing the attention of the Commission to video recordings of abuse of the Naira by Nigerians from all walks of life.
“These gestures amply demonstrate the rising consciousness of the public to the sanctity of our national currency and the need for collaborative engagement to sustain the tempo.
“The Commission will always investigate and prosecute anyone involved in the abuse of the Naira.
“Old videos being exhumed and flying around for the attention of the Commission are noted as the Commission is sensitive to the fact that its Special Task Force against Naira Abuse and Dollarization of the Economy commenced operations on February 7, 2024.
“However, going forward, new videos of such infractions will be investigated and prosecuted.”
Recall that the agency arrested controversial cross-dresser, Idris Okunneye, Bobrisky on the 4th of April 2024 for the abuse of naira before being served six months of jail time without the option of a fine.