EFCC Summons Okoya Brothers Over Alleged Naira Abuse

The Economic and Financial Crimes Commission (EFCC) has summoned Subomi and Wahab Okoya, sons of billionaire industrialist Razaq Okoya, for questioning over allegations of naira abuse.

According to a notice issued by Michael Wetkas, Acting Director of the Lagos Directorate of the EFCC, the duo is expected to appear before the head of the Special Operations Team at the agency’s office on 15A Awolowo Road, Lagos. The meeting is scheduled for 10 a.m. on Monday, January 13, 2025.

Details of the alleged naira abuse were not disclosed, but the EFCC has intensified its efforts to curb financial misconduct and enforce compliance with currency regulations. The summons underscores the agency's commitment to ensuring accountability, regardless of status or influence.

The Okoya family has yet to release an official statement on the matter. All eyes will be on the EFCC's next steps as the investigation unfolds.

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