It was made known in a statement on Wednesday.
According to ICPC, the suspect with the Twitter handle @Simisola of Lala, is colluding with some elements in the financial system to divert the new notes.
According to the spokesperson, the suspect was arrested as a result of intelligence received by operatives of the commission.
She stated that the suspect was allegedly using the opportunity of the scarcity of the new naira notes to openly market the notes to Nigerians.
“It is believed she is in collusion with key elements in the financial services sector diverting the newly released notes away from banking halls and payment channels into a ‘black market,’” she said.