Categories: News

EFCC Apprehends Six Currency Racketeers In Lagos, Recovers New Naira Notes

Eko Hot Blog reports that six individuals have been apprehended in Lagos by the Economic and Financial Crimes Commission (EFCC) for their alleged participation in currency racketeering and the illicit trade of new naira notes for commercial gain.

Wale Edun, Nigeria’s Minister Of Finance

The EFCC’s spokesperson, Dele Oyewale, conveyed this information in a statement released on Tuesday in Abuja.

The arrested suspects have been identified as Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef.

“They were arrested at various locations in Lagos, between Feb. 16 and February 17.

“A total sum of N2,597,000, two million five hundred and ninety-seven thousand naira was recovered from them.

EFCC Head Office

“Investigations showed that the suspects specialised in selling new naira notes of different denominations for commercial purposes and financial gain,” the anti-graft agency noted, adding that the suspects would soon be arraigned in court.

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Akande Ismail Abiola

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Akande Ismail Abiola

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