By Uzair Adam Imam
In a recent crackdown, the Economic and Financial Crimes Commission (EFCC) has apprehended 34 individuals suspected of engaging in foreign exchange fraud.
These arrests were made on Friday, April 26, 2024, during a well-coordinated sting operation conducted at the Wuse Zone 4 area of the Federal Capital Territory, Abuja.
According to Dele Oyewale, the spokesman for the EFCC, the operation was prompted by credible intelligence indicating illicit sales of dollars in the area.
Among those detained are individuals identified as Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, and others.
The EFCC’s efforts to purge and stabilise the foreign exchange market have been ongoing, leading to these recent arrests.
Following standard procedure, the suspects will undergo thorough investigations before being brought to court for prosecution.
This development shows EFCC’s commitment to combating currency-related crimes and ensuring the integrity of the financial system.