EFCC to Arraign Six for Selling New Naira Notes

February 20, 2024
EFCC to Arraign Six for Selling New Naira Notes

By Modupe Gbadeyanka

About six persons have been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) in Lagos for allegedly selling new Naira notes to customers.

A statement from the agency said the suspects would be arranged in court on the conclusion of an ongoing investigation.

The EFCC said the accused persons apprehended for their alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes are Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef.

It stated that they were picked up at various locations in Lagos, between February 16 and 17, 2024, with about N2.6 million.

The statement said the suspects specialised in selling new Naira notes of different denominations for commercial purposes and financial gain. 

EFCC to Arraign Six for Selling New Naira Notes

Dipo Olowookere

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan.

Mr Olowookere can be reached via [email protected]

Leave a Reply

Increase FX Liquidity
Previous Story

Nigeria Shops for $10bn to Increase FX Liquidity for Strong Naira

oil prices fall
Next Story

Oil Prices Slide on Global Demand Worries

Latest from General