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Naira Abuse: Trouble Looms As Group Petitions EFCC, Wants Edo APC Candidate Prosecuted

The All Progressives Congress candidate in the September 21 governorship election in Edo State, Monday Okpebholo, is at risk of being sentenced to six- months imprisonment in line with the Central Bank of Nigeria Act of 2007 as a coalition of civil society organisations under the aegis of the Network of Civil Society Organisations in Nigeria accused him of abusing the Nigerian currency, the naira.
The group lodged the complaint with the Economic and Financial Crimes Commission against Okpebholo in a petition dated May 2, 2024, and addressed to the chairman of the EFCC.
The petition was signed by the group’s National Coordinator, Victor Kalu, and National Secretary, Ali Abacha.
The coalition claimed the senator is guilty of the offence of naira abuse and mutilation, citing the CBN Act of 2007, which declares such actions as punishable offences.
READ ALSO: Suspended Edo Lawmaker, Iyamu Breaks Silence, Says All Issues Will Be Resolved
The coalition said it is “disappointment that prominent individuals, including lawmakers, have violated this provision of the CBN Act.”
Meanwhile, they commended the EFCC for its “swift response in arresting and charging individuals who have been caught on viral videos abusing and defacing the Naira at social events such as the cases of Mr Okuneye Idris Olarewaju, popularly known as Bobrisky, and Mr Pascal Okechukwu, also known as Cubana Chief Priest, who have faced legal consequences for their actions.”
While praising the EFCC for its actions, the coalition demanded that all individuals captured in viral videos abusing the Naira should be promptly arrested and brought to justice, as no one is above the law.
They called on the EFCC and other law enforcement agencies to investigate the “viral video involving Senator Monday Okpebholo, who is seen engaging in Naira abuse and mutilation.”
They added that Okpebholo should be held accountable for his actions as a representative of the people.
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They, however, warned that failure to address the viral video involving Okpebholo would result in the coalition taking further actions.
They threatened to mobilise their members, supporters, and democracy advocates for a peaceful protest against the EFCC, citing selective action and bias if the EFCC failed to address the viral video involving Okpebholo.
In his response, the senator refuted the allegation, saying it was false.
Okpebholo, in a statement issued in Abuja on Tuesday, described the allegation as a hatchet job targeted at smearing his image ahead of the September governorship election.
He blamed his detractors and the opposition camp as being the brain behind the campaign of calumny.
READ ALSO: Naira Abuse: EFCC, Cubana Chief Priest To Settle Out Of Court
While stressing that he has never been arrested by the police for any civil or criminal offence, the lawmaker insisted the man in the video circulating on social media was not him.
He said, “As a private and public person, I have never sprayed or mutilated the naira in my over 50 years on earth. It baffles me why these agents will fabricate fake news to tarnish my image ahead of the election. I therefore called on the IGP to investigate the faces behind the petition and prosecute them accordingly.
“They are scouting for fake news and non-existent things to blackmail me and lie to Edo people. Unfortunately, we know what they are up to. They are smelling the defeat already. Edo people have already decided, and no amount of State-sponsored intimidation will work.
“In Edo State, President Bola Tinubu-led APC administration is working. The federal government is reconstructing federal roads in Edo Central, Edo North, and Edo South. That is why Edo people must take sides with the APC and vote for me as the next governor of Edo State.
“We will bring the Federal Government closer to the Edo people. We have been isolated for too long, and it is time to end that alienation.”
PUNCH
Headline
Welcome Home, Israel Confirms Return Of 20 Hostages From Gaza

Israel said that the last 20 living hostages released by Hamas on Monday had arrived in the country.
“Welcome home,” the foreign ministry wrote in a series of posts on X, hailing the return of Matan Angrest, Gali Berman, Ziv Berman, Elkana Bohbot, Rom Braslavski, Nimrod Cohen, David Cunio, Ariel Cunio, Evyatar David, Guy Gilboa Dalal, Maxim Herkin, Eitan Horn, Segev Kalfon, Bar Kuperstein, Omri Miran, Eitan Mor, Yosef Haim Ohana, Alon Ohel, Avinatan Or and Matan Zangauker.
READ ALSO:Trump Gives Update On Israel, Hamas Peace Deal
AFP
Headline
20 Members Of Gang Blacklisted By US Escape Guatemala Prison

Twenty members of a gang designated a “foreign terrorist organisation” by the United States have escaped from detention in Guatemala, a prison chief said Sunday.
The members of the Barrio 18 gang “evaded security controls” at the Fraijanes II facility, prison director Ludin Godinez said at a news conference.
He received “an intelligence report” on Friday warning about the “possible escape” from the prison, which is southeast of the capital, Guatemala City.
Godinez said they were investigating possible acts of corruption.
READ ALSO:China’s Trade Surges Despite US Tariff Threats
Washington last month blacklisted Barrio 18, an El Salvador-based gang which has a reputation for violence and extortion, as part of its crackdown on drug trafficking.
The US embassy in Guatemala condemned the prison escape as “utterly unacceptable.”
“The United States designated members of this heinous group as the terrorists they are and will hold accountable anyone who has provided, provides, or decides to provide material support to these fugitives or other gang members,” the embassy said on X.
It called on the Guatemalan government to “act immediately and vigorously to recapture these terrorists.”
READ ALSO:US Threatens To Sanction Countries That Vote For Shipping Carbon Tax
According to Interior Minister Francisco Jimenez, there are about 12,000 gang members and collaborators in Guatemala, while another 3,000 are in prison.
The country’s homicide rate has increased from 16.1 per 100,000 inhabitants in 2024 to 17.65 this year, more than double the world average, according to the Centre for National Economic Research.
According to the Salvadoran government, the gangs Barrio 18 and Mara Salvatrucha, better known as MS-13, are responsible for the deaths of about 200,000 people over three decades.
The two gangs once controlled an estimated 80 percent of El Salvador, which had one of the highest homicide rates in the world.
Headline
South Africa Bus Crash Kills 40 Including Malawi, Zimbabwe Nationals

At least 40 people, including nationals of Malawi and Zimbabwe, were killed when a passenger bus rolled down an embankment in South Africa, a provincial transport minister said Monday.
The bus travelling to Zimbabwe crashed around 90 kilometres (55 miles) from the border on Sunday after the driver apparently lost control, Limpopo province transport minister Violet Mathye said.
“They are still working on the scene, but 40 bodies have already been confirmed to date,” Mathye told the Newzroom Afrika channel. The dead included a 10-month-old girl, she said.
READ ALSO:South African Court Finds Radical Politician Malema Guilty On Gun Charges
Thirty-eight people were in hospital and rescuers were searching for other victims, she told eNCA media.
The bus was travelling from the southern city of Gqeberha, around 1,500 kilometres away, and its passengers included Malawians and Zimbabweans who were working in South Africa. The crash may have been caused by driver fatigue or a mechanical fault, the minister said.
South Africa has a sophisticated and busy road network with a high rate of road deaths, blamed mostly on speeding, reckless driving and unroadworthy vehicles.
AFP
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