Crimes

EFCC arrests 6 currency racketeers in Lagos

The operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested six persons for their alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes.

The suspects are Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef.

The EFCC Head of Media and Publicity, Dele Oyewale, disclosed this in a statement issued on Tuesday, February 20, 2024.

Oyewale said the suspects were arrested at various locations in Lagos between February 16 and 17.

FG intercepts 45 trucks of maize, uncovers 32 smuggling routes in Sokoto

He noted that N2,597,000 was recovered from the suspected currency racketeers.

The EFCC spokesman said investigations showed that the suspects specialised in selling new naira notes of different denominations for commercial purposes and financial gain.

 

He added that they would soon be arraigned in court.

The Star

Segun Ojo

Recent Posts

JAMB takes over HND admissions in polytechnics, health institutions

The Joint Admissions and Matriculation Board will henceforth coordinate all Higher National Diploma admissions in…

37 minutes ago

BRICS seeks local currency trade to cut transaction costs

BRICS countries have committed to promoting the use of local currencies in trade settlements, with…

58 minutes ago

EPL: Arteta knocks ‘unacceptable’ Sunderland penalty despite Arsenal win

Arsenal manager Mikel Arteta says the decision to award Sunderland a penalty could have cost…

2 hours ago

Céline Dion makes historic Paris comeback, six years after last tour

Canadian singer Céline Dion on Saturday fulfilled her dream of returning to the stage after…

2 hours ago

Auditor-General flags N124bn procurement infractions across MDAs

The Auditor-General for the Federation has flagged procurement and contract irregularities worth N124.12bn across 29…

3 hours ago

Police arrest man over arson in Cross River

The police in Cross River State have arrested a 41-year-old man, Bassey Ekpo, for allegedly…

3 hours ago

This website uses cookies.