Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC), have arrested thirteen fake Bureau De Change operators in Lagos.
A statement by the commission’s Head, Media & Publicity, Dele Oyewale, on Tuesday, said they were arrested for operating BDC without an appropriate licence.
The suspects are Abdulahi Musa, Garba Abdullahi, Dauda Hussaini, Jubril Musa, Abdulwaheed Iliyasu and Abubakar Mohammed.
Others are Umar Saidu, Nurudeen AbdulAzeez, Hamidu Usman, Yusuf Isa, Musa Ishaka, Liman Makki and Idris Mohammed.
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.
A suspected currency racketeer, Kafayat Lateef was also arrested for an alleged involvement in the sale of the naira notes in different denominations.
A sum of N2m was recovered from her at the point of arrest.
According to EFCC, the suspects will be charged to court as soon as investigations are concluded.
