Banks indicted as EFCC goes after naira notes racketeers in Abuja
EFCC advises financial system operators to desist from sharp practices or risk arrest and prosecution.
Nigeria's new naira notes
Recommended articles
EFCC spokesman, Wilson Uwajaren, said the suspects were arrested in Zone 4 and Dei Dei axis of the Federal Capital Territory on Saturday, and Monday, January 30, 2023.
According to him, the suspects in their statements confessed that they were acting with some officials of Money Deposit Banks.
The anti-corruption commission also promised to extend its operation to major capital cities and commercial centres to arrest all syndicates involved in illegal currency trading.
ADVERTISEMENT
The agency also advised financial system operators to desist from sharp practices or risk arrest and prosecution.
Similarly, in a statement on Monday, the Department of State Services (DSS) said it has arrested some members of organised syndicates involved in the sale of the redesigned naira notes.
However, despite the efforts of the agencies to curb the sale of the redesigned naira notes, the scarcity of the new notes worsen across the country as racketeers continue to take advantage of the situation to exploit Nigerians.
Since the Central Bank of Nigeria shifted the deadline for its cashless policy to February 10, 2023, the news notes remain unavailable to the public as banks’ ATM machines still dispenses old naira notes.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Tinubu-led presidency will address ethnic, religious bigotry - Canada APC Chairman
Mohammed wins re-election bid in Bauchi State
Umahi dissolves boards, commissions in Ebonyi
Sen. Nnamani quits PDP following loss to LP's Chukwu
Ethnicity, religion will not divide us - Sanwo-olu assures Lagosians
Zulum rewards firemen with ₦14.9m for swift response to fire outbreak
Buni’s re-election, well deserved victory, says Senate President
SDP congratulates Sanwo-Olu, urges inclusive governance
Nnamani attacks Peter Obi after losing senatorial election to LP candidate in Enugu
Pulse Sports
Fraser-Pryce and Omanyala confirmed for Botswana Golden Grand Prix
Arsenal pile further misery on rudderless Eagles with comfortable win
Osimhen matches ex-Barcelona star Eto'o's Serie A record
Indian Wells - Who will be crowned king of the desert for the first time?
El Clasico Exclusive – David Villa: No regrets joining Barcelona over Real Madrid
Transfers Gossip: Salah's agent denies Spain rumours as PSG line-up outrageous bid for Napoli star
ADVERTISEMENT
