₦airaland Forum

Bacteria8:
Supremacy of the law.

This development is good for Nigeria.

yinmu

Yorubas and their witch-hunting!

God bless e-money
God bless obi Cubana
God bless Ụmụ igbo niile, Agbanyeghị e be ọbụna ha nọ!
Amen🙏

The foreign exchange act and ban of using dollars in Nigeria is very good, this will help naira strengthen. We must enforce this law and ban spending of dollars in Nigeria, they don't spend naira in America...this will reduce demand in dollars in Nigeria, and reduce its value over naira over time, this of course with other measures, like improved exports to correct our balance of trade deficit, and having international trade agreements with nations, so we pay for imports with naira, and they pay us in their currency for our exports.

We need to see more convictions of political office holders who embezzle state and national funds. EFCC scrutinize the governors and ministers/head of parastatals, use your resources to go after more important cases.

Nice one....nobody is above the law,they should stop intimidating young guys lik us trying to survive Nigeria's harsh economy.i don't lik watching their videos on Facebook because it wil make u to be regretting life,as if u r not doing well.

xpressionx:
Baba go pay 10m come out.
Na PR e dey find since

Money na water

They arrested him for spraying dollar and tagged it naira abuse.

But okoya kids were not arrested lol

Okoya Sons nko

FG need to give EFCC financial target to fund their agency. So all this money they are chasing people for will go back into FG purse.

Make the money touch hands

I understand this technique. They are following the chief priest's template. E-money will be released, and he will start promoting APC aggressively. Just watch and see


I dey watch from my black and white screen

Yeye govment

Nonso92:
They arrested him for spraying dollar and tagged it naira abuse.

Foreign exchange act. Ban on spending dollars in Nigeria.

I like this new law. Spraying money made a lot of people commit crimes so they can also be seen to spray large amounts of money. Some even go into crime to rob big spenders. Do your party in peace. Appreciate the musician/celebrant if you want by sending alert or giving them money in their hand. Then de go your house.

How can u abuse naira when u sprayed dollar?
Which Nigerian law say you cannot spray dollar?

ednut1:
But okoya kids were not arrested lol

They were arrested and went to court, a simple google search will show you...though EFCC should focus more on governors, ministers, senators (constituency allowances) etc

EFCC should just tell us they want to cash out.
They are so corrupt, that the Nigeria Police is a learner when it comes to corruption.

SmartyPants:
He was arrested, arraigned, and granted bail. What should they arrest him for?

Okoya boyz nko?

myners007:
It is profoundly disheartening that in a nation crippled by monumental corruption, institutional decay, and pervasive economic hardship, the Economic and Financial Crimes Commission (EFCC) has elected to expend its dwindling relevance on the arrest of Business Mogul, E-Money, for the ostensible offence of spraying dollars at a public event. One is compelled to ask: is this the apex of financial crime in Nigeria?

The EFCC, once envisioned as a formidable guardian of our fiscal integrity, has tragically metamorphosed into a performative agency — a toothless bulldog barking in the marketplace, seeking to impress rather than impact. Rather than channel its efforts into dismantling the entrenched networks of elite corruption, embezzlement, and fraudulent public procurement, it has chosen the path of sensationalism, pursuing high-profile figures for infractions that are, at best, symbolic.

This latest arrest reeks of clout-chasing — a hollow display of authority designed to massage public sentiment while the real architects of Nigeria's economic tragedy dine unperturbed in their ivory towers. It is almost certain that E-Money, like many before him, will regain his freedom in no time, and this episode will dissolve into yet another spectacle with no meaningful consequence.

Until the EFCC redirects its energies toward substantive economic crimes and the prosecution of powerful kleptocrats, it will remain a caricature of its intended purpose — loud, visible, but ultimately ineffectual.

Why are you always sad

These selective arrests... dollars was sprayed during Davidos wedding .... Rasaq okoyas kids were also abusing the naira ...they were not arrested.... these yorubas will destroy themselves with this tribalism

I understand this technique. They are following the chief priest's template. E-money will be released, and he will start promoting APC aggressively. Just watch and see.

Good
NDLEA should do their job too

dederocs:
They were arrested and went to court, a simple google search will show you...though EFCC should focus more on governors, ministers, senators (constituency allowances) etc

show me links of their arrest

ednut1:
But okoya kids were not arrested lol

Even During Davidos wedding.... that's the tribalism yorubas are known for

myners007:
It is profoundly disheartening that in a nation crippled by monumental corruption, institutional decay, and pervasive economic hardship, the Economic and Financial Crimes Commission (EFCC) has elected to expend its dwindling relevance on the arrest of Business Mogul, E-Money, for the ostensible offence of spraying dollars at a public event. One is compelled to ask: is this the apex of financial crime in Nigeria?

The EFCC, once envisioned as a formidable guardian of our fiscal integrity, has tragically metamorphosed into a performative agency — a toothless bulldog barking in the marketplace, seeking to impress rather than impact. Rather than channel its efforts into dismantling the entrenched networks of elite corruption, embezzlement, and fraudulent public procurement, it has chosen the path of sensationalism, pursuing high-profile figures for infractions that are, at best, symbolic.

This latest arrest reeks of clout-chasing — a hollow display of authority designed to massage public sentiment while the real architects of Nigeria's economic tragedy dine unperturbed in their ivory towers. It is almost certain that E-Money, like many before him, will regain his freedom in no time, and this episode will dissolve into yet another spectacle with no meaningful consequence.

Until the EFCC redirects its energies toward substantive economic crimes and the prosecution of powerful kleptocrats, it will remain a caricature of its intended purpose — loud, visible, but ultimately ineffectual.

Oga leave Grammer and face the fact. Is that how they spray dollars in USA? Let's respect ourselves for once. Agreed, EFCC is very corrupt. But let's abide by the constitutional rule that forbids abuse of the currency.

SmartyPants:
He was arrested, arraigned, and granted bail. What should they arrest him for?

what of okoya son that abused naira?
oya defend it

Misplaced priorities,in America people spray dollars and its not an issue.

Spraying is not considered an abuse.

dederocs:
They were arrested and went to court, a simple google search will show you...though EFCC should focus more on governors, ministers, senators (constituency allowances) etc

That's a lie....show us evidence

LordBiden:
Good one,also check his source of wealth.

your money deh miss?

cr7lomo:
Even During Davidos wedding.... that's the tribalism yorubas are known for

you no get sense

cr7lomo:
That's a lie....show us evidence

https://punchng.com/naira-abuse-efcc-invites-billionaire-okoyas-sons/

https://guardian.ng/news/npf-detains-officers-in-viral-naira-abuse-video-involving-okoyas-sons/

A simple google search.

myners007:
It is profoundly disheartening that in a nation crippled by monumental corruption, institutional decay, and pervasive economic hardship, the Economic and Financial Crimes Commission (EFCC) has elected to expend its dwindling relevance on the arrest of Business Mogul, E-Money, for the ostensible offence of spraying dollars at a public event. One is compelled to ask: is this the apex of financial crime in Nigeria?

The EFCC, once envisioned as a formidable guardian of our fiscal integrity, has tragically metamorphosed into a performative agency — a toothless bulldog barking in the marketplace, seeking to impress rather than impact. Rather than channel its efforts into dismantling the entrenched networks of elite corruption, embezzlement, and fraudulent public procurement, it has chosen the path of sensationalism, pursuing high-profile figures for infractions that are, at best, symbolic.

This latest arrest reeks of clout-chasing — a hollow display of authority designed to massage public sentiment while the real architects of Nigeria's economic tragedy dine unperturbed in their ivory towers. It is almost certain that E-Money, like many before him, will regain his freedom in no time, and this episode will dissolve into yet another spectacle with no meaningful consequence.

Until the EFCC redirects its energies toward substantive economic crimes and the prosecution of powerful kleptocrats, it will remain a caricature of its intended purpose — loud, visible, but ultimately ineffectual.

bleaching mogul .