The Economic and Financial Crimes Commission has said it arrested members of a syndicate of currency racketeers hoarding and trading in the redesigned Naira notes in Abuja.
The secret police also alleged that the perpetrators were working in cahoots with officials of commercial banks.
The anti-graft agency also urged financial market operators to ensure compliance with the guidelines set by the Central Bank of Nigeria. “The commission will extend the operation to all the major commercial centres of the country until all the syndicates involved in the illegal trade are demobilized. Financial system operators are also warned to desist from the sharp practices or risk arrest and prosecution.
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
JUST-IN: EFCC Arrests Racketeers Of New Naira Notes In AbujaThe Economic and Financial Crimes Commission (EFCC) has in separate operations in Zone 4 and Dei Dei areas of the Federal Capital Territory (FCT) Abuja,
Read more »
EXCLUSIVE: Former Nigerian Navy Admiral Declared Wanted For N2billion Fraud By Anti-Graft Agency, EFCC Sighted In Abuja ‘Moving Freely With Security Men’ | Sahara ReportersA former Director of Nigerian Navy Accounts, Rear Admiral Tahir Yusuf Biu, declared wanted by the Economic and Financial Crimes Commission (EFCC) was sighted last week in the Federal Capital Territory, Abuja, moving freely in company of security operatives. EFCC had in October 2022 told a Federal High Court in Abuja that Yusuf was on the run and could not be reached. He is being prosecuted by the Nigerian government through the anti-graft agency for allegedly stealing N2billion while serving as Director of Nigerian Navy Accounts.
Read more »
EFCC arrests hoarders of new naira notesEFCC said the operations were carried out in the Zone 4 and Dei Dei axis of the Federal Capital Territory (FCT) between Saturday and Monday.
Read more »
Like DSS, EFCC arrests members of syndicate selling new naira notes | TheCableThe EFCC says it has arrested members of a syndicate who are hoarding and trading the redesigned naira notes in Abuja.
Read more »
Like DSS, EFCC arrests members of syndicate selling new naira notesThe EFCC says it has arrested members of a syndicate who are hoarding and trading the redesigned naira notes in Abuja.
Read more »
Don’t Allow Anti-Graft Agency, EFCC To Sell My Property, Assets – Nigerian Ex-Petroleum Minister, Diezani Urges Court | Sahara ReportersA former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has approached a Federal High Court, Abuja to withdraw an order granted to the Economic and Financial Crimes Commission (EFCC) for final forfeiture of her seized assets. In an originating motion, Alison-Madueke sought an order extending the time limit for seeking leave to apply to the court for an order to set aside the EFCC's public notice to conduct a public sale on her property.
Read more »