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EFCC Arrests 34 Over Alleged Foreign Exchange Fraud
The Taskforce on Currency Mutilation, Dollarization of the Economy, and Forex Malpractice, which is part of the Economic and Financial Crimes Commission (EFCC), has apprehended 34 individuals suspected of engaging in foreign exchange fraud.
Nation Post understands that the arrest occurred on Friday, April 26, during a well-coordinated sting operation in the Wuse Zone 4 area of the Federal Capital Territory Abuja.
The EFCC spokesperson, Dele Oyewale, confirmed the arrests in a statement, revealing the names of the suspects as Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, Mohammed Kabir Ibrahim, Abubakar Ghadafi, Muktar Usman, Umar Abubakar Abba, Yakubu Sani, Aminu Abubakar, Muhammed Suleman Abara, Yusuf Tahir, Usman Lawal, Usman Umar, and Amina Garba Rola.
Others, according to him, include Muhammed Aliyu, Murtala Haruna, Sani Mohammed, Umar Farouk, Muhammed Sagiuru, Aminu Salisu, Lawal Bello, Munzali Hashim, Jamilu Suleiman, Mustapha Umar, Mubarak Tanimu, Adamu Garba, Mohammed Usman, Bello Musa, Saleh Mohammed Naseer, Zaharadeen Yau, Musa Umaru Adamu, Usman Machido and Abdulaziz Abubakar Abba.
The spokesperson of the anti-corruption agency stated that the arrests were made following the continuous efforts of the EFCC to cleanse and stabilize the foreign exchange market.
He further mentioned that after the investigations are concluded, the suspects will be promptly presented in court for arraignment.
