EFCC Nabs 34 Currency Speculators In Abuja

Posted by Samuel on Sat 27th Apr, 2024 - tori.ng

In a statement by EFCC spokesman, Dele Oyewale, they were arrested on Friday in a sting operation following credible intelligence about illegal sales of dollars at the Wuse Zone 4 area of the Federal Capital Territory Abuja.

Operatives of the Economic and Financial Crimes Commission (EFCC) assigned to the Taskforce on Currency Mutilation, Dollarization of the Economy, and Forex Malpractice have apprehended 34 individuals suspected of engaging in foreign exchange fraud.

In a statement by EFCC spokesman, Dele Oyewale, they were arrested on Friday in a sting operation following credible intelligence about illegal sales of dollars at the Wuse Zone 4 area of the Federal Capital Territory Abuja.

According to the statement, the names of the suspects are: Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, Mohammed Kabir Ibrahim, Abubakar Ghadafi, Muktar Usman, Umar Abubakar Abba, Yakubu Sani, Aminu Abubakar, Muhammed Suleman Abara, Yusuf Tahir, Usman Lawal, Usman Lawal, Usman Umar and Amina Garba Rola.

Others include: Muhammed Aliyu, Murtala Haruna, Sani Mohammed, Umar Farouk, Muhammed Sagiuru, Aminu Salisu, Lawal Bello, Munzali Hashim, Jamilu Suleiman, Mustapha Umar, Mubarak Tanimu, Adamu Garba, Mohammed Usman, Bello Musa, Saleh Mohammed Naseer, Zaharadeen Yau, Musa Umaru Adamu, Usman Machido and Abdulaziz Abubakar Abba.

The anti-graft agency’s spokesman said the arrests came on the heels of the EFCC’s consistent efforts to sanitise and stabilise the foreign exchange market.

According to him, the suspects would soon be arraigned in court upon conclusion of investigations.

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