Wednesday, August 12, 2026

Bobrisky pleads guilty to naira abuse, money laundering

He was originally arraigned on a six-count charge, but two charges were dropped following a discussion between the parties.

• April 5, 2024
Bobrisky
Idris Olanrewaju Okuneye, popularly known as Bobrisky

Cross-dresser Idris Okuneye, aka Bobrisky, on Friday, pleaded guilty to a four-count charge of abuse of the naira and money laundering preferred against him by the Economic and Financial Crimes Commission (EFCC) at a Lagos court.

He was originally arraigned on a six-count charge, but two charges were dropped following a discussion between the parties.

The EFCC on Thursday filed a six-count charge against Bobrisky at the Lagos Division of the Federal High Court over alleged money laundering and mutilation of the naira.

Bobrisky was arrested by the anti-graft agency in connection with the offence.

According to the charge, labelled FHC/l/244c/2024, the defendant committed the alleged offence on March 24 at Circle Mall, Jakande, in the Lekki area of Lagos.

The agency alleged that he tampered with the cumulative sum of N400,000 while dancing during a social event by spraying the same in various tranches.

The prosecution also alleged that the defendant, trading under the name and style of BobExpress between September 1, 2021, and April 4, also failed to submit to the Special Control Unit Against Money Laundering a declaration of his company’s activities.

According to the EFCC, N128 million was paid into the company’s account within the period.

It alleged that within the same period, the defendant failed to submit a declaration to the unit of his company, where N53 million was paid.

The offences contravene the provisions of sections 21(1) of the Central Bank Act 2007 and 19 of the Money Laundering Act 2022.

(NAN)

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