A 24-year-old businessman, Iziga Jude Ikechukwu, popularly known as Easy-money, has been sentenced to one year imprisonment for abusing, stepping on Naira notes while dancing during his birthday celebration in Enugu State.
P.M.EXPRESS reports that Easy-money
was arrested on 28th February, 2026, at his residence located around timber market in Enugu-Ezike, by operatives of the EFCC.
The arrest was made following intelligence received via a viral video circulating on social media in which he was seen recording himself while abusing Naira notes in his hotel room during his birthday celebration.
The suspect, Ikechukwu, was subsequently arraigned before the Court by the Enugu Zonal Directorate of the EFCC on 26th March, 2026, on a one-count charge bordering on mutilation of Naira notes to the tune of N81, 700. 00 (Eighty-one thousand, Seven Hundred Naira).
He was arraigned before Justice F. O. Giwa-Ogunbanjo of the Federal High Court sitting in Independence Layout, Enugu, Enugu State.
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”.
He pleaded guilty.
The presiding judge, Justice Giwa-Ogunbanjo, found him guilty and sentenced Ikechukwu to one year imprisonment from the date of arraignment with an option of fine of N300, 000. 00.
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.