Operatives of the Kaduna Zonal Command of the Economic and Financial Crimes Commission, have arrested three persons in connection with suspected racketeering of N1,307,400
The spokesperson for the EFCC, Dele Oyewale, disclosed the development in a statement on Wednesday.
Oyewale said, “The suspects, Musa Gideon, Abdul Adamu, and Justine Musa were arrested along Yakubu Gowon way, Kaduna on Wednesday, February 7, 2024, while trying to sell new naira notes to an EFCC’s undercover operative.
“The operative, a member of the Special Task Force set up for the enforcement of extant laws against currency mutilation and dollarisation of the economy by the EFCC Chairman, Ola Olukoyede, functioned in a sting operation carried out by the team.
“The operation yielded the arrest of the three suspects selling new and old naira notes to the tune of N1,307,400 and many Automated Teller Machine cards.
“The suspects would be charged to court as soon as investigations are concluded.”
Against the backdrop of the falling naira, the EFCC had raised a Special Task Force across its commands, as its operatives clamp down on individuals mutilating the Naira and dollarizing the Nigerian economy.
The spokesperson for the anti-graft agency, Oyewale, made the development known in a statement on Wednesday.
He revealed that the EFCC had arrested some perpetrators issuing invoices in dollars and mutilating the Naira in Lagos and Rivers States.
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