The Economic and Financial Crimes Commission (EFCC) attached to the Taskforce on Currency Mutilation, Dollarization of the Economy and Forex Malpractices, have arrested not less than 34 suspected currency speculators over alleged foreign exchange fraud.
The suspects were arrested yesterday while in operation following reliable intelligence about the illegal sale of dollars at the Wuse Zone 4 area of the FCT, Abuja.
According to the EFCC spokesman, Dele Oyewale, the names of the arrested suspects included 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 Lawal, Usman Umar and Amina Garba Rola.
Other suspects' names were given as 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.
Oyewale said the suspects were arrested on the heels of the EFCC’s constant efforts to sanitise and stabilise the foreign exchange market.
The EFCC mouthpiece stated that the suspects would soon be arraigned in court upon the conclusion of investigations on the matter.
