Mobolaji Michael
OPERATIVES of the Economic and Financial Crimes Commission (EFCC) have arrested thirteen fake bureau de change operators in Lagos.
They were arrested for operating BDC without an appropriate licence.
Also, a suspected currency racketeer, Kafayat Lateef was arrested over alleged involvement in the sale of the Naira notes in different denominations.
A sum of Two Million, One Hundred Thousand Naira (N2,100,000.00) was recovered from her at the point of arrest.
The suspects include Abdullahi Musa, Garba Abdullahi, Dauda Hussaini, Jubril Musa, Abdulwaheed Iliyasu and Abubakar Mohammed.
Others are Umar Saidu, Nurudeen AbdulAzeez, Hamidu Usman, Yusuf Isa, Musa Ishaka, Liman Makki and Idris Mohammed.
They were arrested during sting operations by EFCC’s operatives between 10 and 13 May 2024 at different parts of Lagos, following credible intelligence received by the Commission about their illicit business activities.
The suspects will soon be charged in court as soon as investigations are concluded, a statement from the Commission pointed out.
Eighteen-Eleven Media