HomeFeaturesEFCC Invites Billionaire Okoya’s Sons Over ‘Abuse Of Naira’

EFCC Invites Billionaire Okoya’s Sons Over ‘Abuse Of Naira’

Listen to article

The Economic and Financial Crimes Commission, EFCC, has invited Subomi and Wahab, the sons of billionaire businessman Razaq Okoya, for interrogation over alleged abuse of the naira.

The Eastern Updates had reported that the Okoya brothers were in the news a few days ago after a video clip capturing them “abusing” the naira surfaced on the internet.

The police officer who was also seen in the viral video has been identified and detained by the Nigeria Police Force.

There has been outrage on social media following the delay in the arrest of the two brothers.

An activist lawyer, Deji Adeyanju, posted on his Facebook page on Saturday, saying:

“The Okoya sons are above the law. A country of two laws — one for the poor and the other for the rich.”

However, it was gathered on Saturday that the anti-graft agency has invited the duo to report to the head of the Special Operations team at the EFCC office on 15A Awolowo Road, Ikoyi, Lagos, on Monday, January 13, 2025, for questioning.

The invitation was signed by Michael Wetkas, the acting director of the Lagos Directorate of the EFCC.

In other news, No less than $52.88 million, reportedly associated with former Petroleum Resources Minister Diezani Alison-Madueke, has been repatriated by the United States government. The funds represent a fraction of the assets under scrutiny in ongoing corruption investigations.

The funds in question were reportedly derived from the forfeiture of the Galactica assets, which have been linked to Alison-Madueke and her close associates. These assets, tied to allegations of corruption, represent a significant portion of the investigations into financial improprieties involving the former minister and her network.

On Friday, U.S. Ambassador to Nigeria, Mr. Richard Mills Jnr., led a delegation to the Federal Ministry of Justice headquarters in Abuja, where they formalized the Asset Return Agreement in a move symbolizing deepened collaboration between the two nations.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, signed the return agreement on behalf of the Federal Government, emphasizing that the event marked a significant milestone in President Bola Tinubu’s commitment to eradicating corruption and fostering a more transparent Nigeria.

 

The Eastern Updates 

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments