Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested six suspects for their alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes. The arrests were made in various locations in Lagos between February 16 and February 17.
The suspects have been identified as Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef. During the arrests, a total sum of N2,597,000 (Two Million Five Hundred and Ninety-Seven Thousand Naira) was recovered from them.
According to EFCC's spokesperson, Dele Oyewale, investigations revealed that the suspects specialized in selling new naira notes of different denominations for commercial purposes and financial gain.
The suspects will soon be arraigned in court to face charges related to their alleged criminal activities.
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