EFCC Cracks Down On Currency Fraud: 34 Suspected Speculators Arrested In Abuja (Photos)

Date: 27-04-2024 10:25 am (1 month ago) | Author: Mister Jay Wonder
- at 27-04-2024 10:25 AM (1 month ago)
(m)

In a significant operation targeting currency fraud, operatives of the Economic and Financial Crimes Commission (EFCC), working in collaboration with the Taskforce on Currency Mutilation and Forex Malpractice, have apprehended 34 individuals suspected of engaging in illegal foreign exchange activities.

The arrests, conducted on Friday, April 26, 2024, followed meticulous intelligence gathering pointing to unlawful currency trading in the Wuse Zone 4 area of the Federal Capital Territory, Abuja.

Among the detained suspects are: Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, Mohammed Kabir Ibrahim, Abubakar Ghadafi, and several others named in the ongoing investigation.

The EFCC's crackdown on currency malpractice underscores its commitment to combating financial crimes and restoring integrity to the forex market. This operation aligns with the agency's ongoing efforts to curb illicit activities and stabilize the nation's economy.

The arrested individuals are currently undergoing thorough investigation, with the aim of gathering evidence to facilitate their prosecution. Once the inquiry is concluded, they will be arraigned in court to face charges related to foreign exchange fraud.

The EFCC remains steadfast in its resolve to uphold the rule of law and hold accountable those involved in fraudulent practices that undermine the nation's economic stability. Through sustained enforcement actions and collaboration with relevant stakeholders, the commission aims to deter illicit financial activities and safeguard the integrity of Nigeria's financial systems.



Posted: at 27-04-2024 10:25 AM (1 month ago) | Addicted Hero
- kp45 at 27-04-2024 11:04 AM (1 month ago)
(m)
I can see the one that put on lemon saying cheese..
Posted: at 27-04-2024 11:04 AM (1 month ago) | Addicted Hero
Reply
- fineboy77 at 27-04-2024 11:34 AM (1 month ago)
(m)
ok

Posted: at 27-04-2024 11:34 AM (1 month ago) | Addicted Hero
Reply
- gogoman at 27-04-2024 12:01 PM (1 month ago)
Online (m)
Could you leave us alone? we have been doing this business since 1960  Roll Eyes Roll Eyes Roll Eyes it legit!!!
Posted: at 27-04-2024 12:01 PM (1 month ago) | Grande Master
Reply
- Jiiitk4 at 27-04-2024 12:59 PM (1 month ago)
(m)
Look at the idiots posing for pictures.
Posted: at 27-04-2024 12:59 PM (1 month ago) | Gistmaniac
Reply
- Northrop at 29-04-2024 10:21 AM (4 weeks ago)
(m)
Nah, just passing through to say Hi
Posted: at 29-04-2024 10:21 AM (4 weeks ago) | Upcoming
Reply

fire TRENDING GISTS fire

TODAY'S TOP
  1. Davido Gifts His Nephew An Expensive Watch To Celebrate His Graduation (VIDEO)

  2. Bear Mauls Disabled Teenager In The His Home While Watching TV

  3. Portable Still a Boy, I Regret Knowing Him – Ex-manager, Ijoba Danku

  4. Not Less Than 18 People Left For Dead After Tornado Hits Central States In The US

  5. Nollywood Director And Actor Reginald Ebere Passes Away

  6. Man Tears Up After Seeing Brilliant Student from His University Hawking Buns

  7. Man Returns After 5 Years In The Uk To Discover His Elder Brother Fathers 2 Of His 3 Kids

  8. Man Requests Refund from His Girlfriend After Allegedly Locking Him With "Juju"


THIS WEEK
  1. Footballer,Kayode Olanrewaju's 3 Children Allegedly Belongs To Pastor Adegboyega As DNA Reveals

  2. Footballer,Kayode Olanrewaju's Wife, Dora Breaks Silence On Allegations Of Paternity Fraud

  3. Tensions Rise As South Africans Celebrate The Killings Of Six Nigerians In Viral Video

  4. Harrysong Threatens To Expose Evil Deeds Done By His Ex-Wife, KCee, Destiny Etiko & Her Mother

  5. Pastor Sam Adeyemi Reveals Reasons For Relocation Amidst #EndSARS Fallout (Video)

  6. Zack Orji Reflects On How His Marriage Nearly Crashed Due To Movie Scene With Eucharia Anunobi

  7. Amsterdam Police Detain Singer, Nicki Minaj For "Carrying Drugs" (Videos)

  8. "It Is Not By Being Muscular"-Blessing Okoro Threatens To Beat Up Verydarkman Amid Ongoing Feud

  9. Nigerian Singer, Harrysong Makes Infidelity Claims Against Wife, Alexa, Aided By Destiny Etiko

  10. Deposed Emir Of Kano, Aminu Ado-Bayero, Breaks Silence Over Emirate Dispute


TOP MEMBERS: