EFCC arrests six suspected currency racketeers in Lagos

EFCC arrests six suspected currency racketeers in Lagos

Etim Ekpimah

Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested six persons for their alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes.

Head, Media and Publicity, EFCC, Dele Oyewale named the suspects as Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef.

EFCC arrests six suspected currency racketeers in Lagos

He said: “The suspects were arrested at various locations in Lagos, between February 16 and 17, 2024.

“A total sum of N2,597,000 (Two Million Five Hundred and Ninety-Seven Thousand Naira) was recovered from them.”

He added that investigations showed that the suspects specialised in selling new naira notes of different denominations for commercial purposes and financial gain. 

According to him, the suspects would soon be arraigned in court.

EFCC arrests six suspected currency racketeers in Lagos

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