- By Femi Alabi
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Command has arrested six persons for their alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes.
EFCC on its official X handle stated that the suspects were arrested at various locations in Lagos, between February 16 and 17, 2024.
The suspects are: Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef.
A total sum of N2,597,000.00 (Two Million Five Hundred and Ninety-Seven Thousand Naira) was recovered from them.
It stated that investigations pointed to the fact that the suspects specialised in selling new naira notes of different denominations for commercial purposes and financial gain.
They will soon be arraigned in court.