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    EFCC arrests thirteen fake BDC operators in Lagos

    BDC

    Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested thirteen fake Bureau-de-Change operators in Lagos.

    In a statement released on Wednesday, May 15, the EFCC in a statement said the suspects were operating without an appropriate licence. The suspects include Abdulahi Musa, Garba Abdullahi, Dauda Hussaini, Jubril Musa, Abdulwaheed Iliyasu, Abubakar Mohammed, Umar Saidu, Nurudeen AbdulAzeez, Hamidu Usman, Yusuf Isa, Musa Ishaka, Liman Makki and Idris Mohammed.

    Also, a suspected currency racketeer, Kafayat Lateef was arrested for alleged involvement in the sale of the Naira notes in different denominations.

    “They were arrested during sting operations by EFCC’s operatives between May 10 and 13, 2024 at different parts of Lagos, following credible intelligence received by the Commission about their illicit business activities” the statement read in part

    The statement added that a suspected currency racketeer, Kafayat Lateef, was arrested for alleged involvement in the sale of the Naira notes in different denominations.

    “A sum of N2,100,000 was recovered from her at the point of arrest. The suspects will soon be charged in court as soon as investigations are concluded.

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