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BREAKING: EFCC Summons Billionaire Razaq Okoya’s Kids Over Alleged Naira Abuse

By Gideon Ayeni

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Raheem Okoya Apologizes For Naira Abuse

The Economic and Financial Crimes Commission (EFCC) has summoned Subomi and his brother, Wahab, the sons of Nigerian billionaire industrialist Razaq Okoya, for questioning over their alleged involvement in the abuse of the naira.

In an official invitation signed by Michael Wetkas, acting director of the Lagos directorate of the EFCC, the commission instructed the Okoya brothers to report to the head of the special operations team at its office located at 15A Awolowo Road by 10 a.m. on Monday, January 13, 2025.

GWG.ng reports that the Okoya brothers recently attracted public attention after featuring in a promotional video for a new song, which was criticized for allegedly misusing the naira, sparking concerns about the image and sanctity of the national currency. The EFCC’s invitation follows these claims, as the agency investigates the matter further.

In another development, we reported that the Nigeria Police Force has also issued a statement addressing the public outcry surrounding a viral video featuring a police officer assisting the Okoya brothers during a controversial money-spraying event.

The Police in the explanation affirmed that it had done its own duty of sanctioning its officer involved in the case and that it was left for other agencies responsible for investigating cases of naira abuse to their work. The police, however, refrained from naming the Economic and Financial Crimes Commission, EFCC, the agency that has been in the lead in checking the abuse of the naira.

As the investigation unfolds, the Okoya brothers are expected to clarify their involvement in the controversial video, which has generated significant public debate.
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