The Economic and Financial Crimes Commission (EFCC) has arrested Kelly Okungbowa, a suspended coordinator of the Edo State Public Safety Response Team, for allegedly abusing the naira. The arrest follows a viral video showing Okungbowa spraying and mutilating naira notes at a bar in Benin City on March 9, 2025.
Okungbowa, also known as Ebo Stone, was previously suspended by the state government over allegations of extortion and misconduct. The EFCC’s action has been commended by the Edo State chapter of the Peoples Democratic Party (PDP), which emphasized the need for thorough investigation and prosecution under the Central Bank of Nigeria Act of 2007.
“The swift arrest sends a strong message that such actions will not be tolerated, regardless of the perpetrator’s position or influence,” said Chris Nehikhare, the party’s caretaker committee publicity secretary.
Okungbowa will face charges in court once investigations are completed. This development highlights the EFCC’s commitment to enforcing financial laws and maintaining the integrity of Nigeria’s currency.
