Woman arrested for selling new naira notes online

The Independent Corrupt Practices and other Related Offenses Commission (ICPC) has arrested one Omoseyin Oluwadarasimi Esther for allegedly offering to sell the new naira notes.

Twitter’s “serial entrepreneur” was arrested following information received by the agency.

“ICPC has today, February 1, 2023, arrested a woman, Omoseyin Oluwadarasimi Esther, with the Twitter handle of Lala, who offers new naira notes for sale on social media.

“Omoseyin Oluwadarasimi Esther, a social media ‘serial entrepreneur’ involved in skin care, fuel sales, facilitating foreign travel through visa acquisitions and other businesses, seized the opportunity presented by the scarcity of the new naira notes to to openly market the new banknotes .

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“It is believed to be colluding with key elements in the financial services industry to divert the newly released banknotes away from banking halls and payment channels into a ‘black market’.

“She is currently in ICPC detention assisting the Commission with her findings on the criminal trade of the naira and the associated scarcity and negative economic outcomes caused by the action.

“The action promotes cooperation between CBN ICPC and EFCC in implementing the new cashless policy and naira redesign,” the agency said in a statement.