EFCC ARRESTS 11 OVER ALLEGED CURRENCY RACKETEERING IN KANO
Operatives of the Kano Zonal Command of the Economic and Financial Crimes Commission, have arrested 11 suspected currency racketeers for their alleged involvement in the sale of new naira notes for commercial purposes.
They were arrested following fruitful intelligence that un-masked a syndicate of fraudsters operating along Lagos Street, adjacent to the Central Bank of Nigeria, Kano.
According to a statement by Edcc Spokesman Dele Oyewale, the syndicate allegedly specialises in selling naira notes.
Five members of the syndicate were arrested with new naira notes being sold to the public. Six bankers who were alleged to be selling the naira notes to the sellers on commission were also arrested.
The statement said that the suspects would soon be arraigned in court upon conclusion of the investigation.
More Stories
NPFL: DOGO UNHAPPY WITH KWARA UNITED’S POOR FORM
Kwara United technical adviser, Kabiru Dogo is worried by his team’s struggles at home this season. The Ilorin club were...
LASEPA HOLDS 9TH NOISELESS LAGOS SUMMIT
By Aishat Momoh. O. Noise pollution is not only frustrating but it is also known to have multiple adverse effects...
SEGUN OLATUNJI RESIGNS AS FIRST NEWS GENERAL EDITOR
Editor Segun Olatunji, who was kidnapped, has resigned from FirstNews after the media outlet's management apologized to President's chief of...
SUSPENSION: COURT SET MAY 28 FOR HEARING IN GANDUJE’S CASE
Abdullahi Ganduje, the National Chairman of the All Progressives Congress (APC), has filed a substantive application, and Justice Abdullahi Muhammad...
JUST IN: ACTRESS SHAN GEORGE RECOVERS ₦3.6 MILLION STOLEN FROM HER ACCOUNT
Shan George, a veteran Nollywood actress, has disclosed that she has recovered the ₦3.6 million that was taken on May...
SENATE APPROVES DEATH PENALTY FOR DRUG TRAFFICKING
The 2024 NDLEA Act (Amendment) Bill has passed its third reading in the Senate with approval to impose the death...