In a major raid, Enugu authorities collaborated to arrest 115 individuals suspected of illegal currency racketeering activities.
The operation, involving the Economic and Financial Crimes Commission (EFCC), Nigeria Police Force, and Nigeria Customs Service, unfolded on Wednesday, February 21st. This joint effort marks a significant stride in combating financial crimes within the region. The apprehended individuals are currently under investigation, and further details are expected to be released soon.
The suspects comprising 113 (One hundred and thirteen) males and two females were arrested in a sting operation at Owerri Road, Ogui, Enugu State, following credible intelligence about some bureau de change operators, currency speculators and street hawkers operating illegal foreign exchange markets in that environment.
Items recovered from them include: N110, 700,000.00 ( One Hundred and Ten Million, Seven Hundred Thousand Naira only), $8,368.00( Eight Thousand, Three Hundred and Sixty Eight United States Dollars), £145.00( One Hundred and Forty Five Pounds), €2,725( Two Thousand, Seven Hundred Twenty Five Euros), 900 South African Rands, 32,000.00 CFA, 100 Turkiya, and 500 Bank Mozambique currencies in different denominations.
A safe abandoned by one of the street hawkers was also recovered. Preliminary investigations showed that some of the suspects are foreigners from Niger Republic.
Peoplesmind