The Independent Corrupt Practices and Other Related Offences Commission, ICPC, on Wednesday, 1st, February, 2023, has arrested an Abuja-based Twitter user, Oluwadarasimi Omoseyin, with the handle @SimisolaGold and Twitter name Simisola of Lala, for trading new naira notes on social media.

The arrest was made as a result of intelligence report received, which led the ICPC officials to seek out and promptly arrest the suspect.
The spokesperson for the anti-graft agency, Mrs. Azuka Ogugua, said:

Oluwadarasimi Omoseyin, a social media ‘serial entrepreneur,’ who deals in skincare, sales of fuel, facilitation of foreign travels through visa acquisitions, and other businesses, seized the opportunity of the scarcity of the new naira notes to openly market the new notes.
“It is believed that 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’.”

Omoseyin, is currently in detention and is helping the commission with its findings on unveiling the syndicate of the criminal trading of the new naira and the attendant scarcity and negative economic outcomes being caused by the action.

Story: Christy Dung