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EFCC arrests six for selling naira notes in Lagos

EFCC arrested six persons in Lagos over alleged involvement in currency racketeering and selling of new naira notes.

• February 20, 2024
Redesign naira notes
New naira notes

The Economic and Financial Crimes Commission (EFCC) has arrested six persons in Lagos over alleged involvement in currency racketeering and selling new naira notes for commercial purposes.

Its spokesperson, Dele Oyewale, said this in a statement on Tuesday in Abuja.

According to him, the suspects are Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef.

“They were arrested at various locations in Lagos between February 16 and February  17.

“A total sum of N2,597,000 (Two million five hundred and ninety-seven thousand naira) was recovered from them.

“Investigations showed that the suspects specialised in selling new naira notes of different denominations for commercial purposes and financial gain,” Mr Oyewale said.

He said the suspects would soon be arraigned in court.

(NAN)

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