The Economic and Financial Crimes Commission (EFCC) has secured the conviction of Iziga Jude Ikechukwu, popularly known as Easy-money, over the abuse of naira notes during a birthday celebration in Enugu State.
Justice F. O. Giwa-Ogunbanjo of the Federal High Court sitting at Independence Layout, Enugu, handed down the sentence, ordering one year imprisonment for the offence.
Confirming the development in a statement issued on Tuesday, the anti-graft agency said, “Justice F. O. Giwa-Ogunbanjo of the Federal High Court, Independence Layout, Enugu, has convicted and sentenced one Iziga Jude Ikechukwu to one year imprisonment for abusing Naira notes during his birthday celebration.”
According to the EFCC, the 24-year-old palm kernel trader was brought before the court by its Enugu Zonal Directorate on March 26, 2026. He faced a one-count charge for mutilating naira notes amounting to N81,700.
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The charge read, “That you, Iziga Jude Ikechukwu on 22nd February 2026, at Embassy Hotel Enugu Ezike, Enugu State, within the jurisdiction of this Honourable Court, while celebrating your birthday, you danced and matched on the sum of Eighty-one thousand, Seven hundred Naira (N81,700.00) notes issued by the Central Bank of Nigeria.
“You thereby committed an offence to wit: mutilation, contrary to and punishable under Section 21 (1) of the Central Bank of Nigeria Act, 2007.”
The commission disclosed that the defendant admitted to the charge.
It added, “Justice Giwa-Ogunbanjo thereafter convicted and sentenced Ikechukwu to one year imprisonment from the date of arraignment with an option of fine of N300,000.00 (Three hundred thousand Naira).
“The court also ordered that the sum of N81,700.00 (Eighty-One thousand, Seven hundred Naira) recovered from the convict be forfeited to the Federal Government through the commission.”
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The EFCC further revealed that Ikechukwu was apprehended on February 28, 2026, at his residence near Timber Market in Enugu-Ezike.
His arrest followed credible intelligence linked to a viral social media video showing him spraying and trampling on naira notes during his birthday celebration in a hotel room.
