The Economic and Financial Crimes Commission has arrested six individuals in Lagos for their alleged involvement in currency racketeering and the illicit sale of new naira notes for commercial gains.
The suspects identified as Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef were apprehended at various locations in Lagos between February 16 and February 17.
EFCC spokesperson, Dele Oyewale, revealed that a total sum of N2,597,000 (Two Million Five Hundred and Ninety-Seven Thousand Naira) was recovered from the suspects.
Investigations conducted by the EFCC indicate that the arrested individuals specialized in selling new naira notes of various denominations for commercial purposes and financial gains.
Oyewale stated, “The suspects would soon be arraigned in court,” underscoring the commission’s commitment to bringing the alleged currency racketeers to justice.
This development is part of the EFCC’s ongoing efforts to combat financial crimes and maintain the integrity of the nation’s currency. The arrested individuals will face legal proceedings as the EFCC continues its mission to eradicate illicit financial activities in the country.
