Home Crime EFCC arrests 11 suspected currency racketeers in Kano
Crime - February 26, 2024

EFCC arrests 11 suspected currency racketeers in Kano

 

Stanley Ihedigbo

Operatives of the Kano Zonal Command of the Economic and Financial Crimes Commission, EFCC,   have arrested 11  suspected currency racketeers for their alleged involvement in the sale of new naira notes for commercial purposes.

According to the Head, Media & Publicity, EFCC, Mr. Dele Oyewale, they were arrested following fruitful  intelligence that un-masked a syndicate of fraudsters operating along Lagos Street, adjacent to the Central Bank of Nigeria, Kano.

The syndicate allegedly specialized in selling naira notes. Five members of the syndicate were arrested with new naira notes being sold to the public.  Six bankers who were alleged to be been selling the naira notes to the sellers on commission were also arrested.

They will soon be arraigned in court upon conclusion of the investigation.

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

Alleged $4.5bn, N2.8bn fraud: EFCC presents first witness against Emefiele, one other 

Economic and Financial Crimes Commission EFCC, on Friday, April 12, 2024, presented its fi…