The Economic and Financial Crimes Commission (EFCC), has said that some Bureau De Change operators who were recently arrested in Lagos, Abuja and other parts of Nigeria were in possession of over $6 million.
The EFCC Chairman, Abdulrasheed Bawa, who made this known while speaking on the Nigerian Television Authority’s (NTA) said that the arrests were part of efforts of the anti-graft agency to sanitize the foreign exchange sector.
He said that “At EFCC, we work with intelligence and with other stakeholders; and when we talk of illegal forex operators you cannot just invite people on the street even though sometimes you could, but generally you do not have a choice but to make an arrest.”
Disclaimer: infonte9ja.com shall not be liable to Opinions, Articles or Features that doesn't emanate from any of its staff and management. We also wish to reiterate that such personal or sponsored opinion, article or feature does not reflect the views of the publishers of infonet9ja.com, but the writer's
For publication of your news content, articles, videos or any other news worthy materials, please send to infonetnews9ja@gmail.com | For Advert and other info, you can call 09061217047 or send a WhatsApp Message to 09061217047
“Some were arrested with excess of $6 Million (Six Million United States Dollars), others with $2 Million (Two Million United States Dollars) and we know that these huge sums were not meant to be used in buying goods but stolen monies being laundered out of the country.”
