EFCC Nabs Racketeers Of Redesigned Naira In Abuja, Meets Officials Of Banks

The Economic and Financial Crimes Commission, EFCC, in separate operations in the Zone 4 and Dei Dei axis of the Federal Capital Territory on Saturday, January 28, and Monday, January 30, 2023 nabbed members of a syndicate of currency racketeers hoarding and trading with the redesigned Naira notes. The operation followed intelligence on activities of unscrupulous currency speculators who were exploiting desperate citizens by offering them the new Naira notes for foreign currencies at below the going rate. The suspects have made useful statements, including disclosure that they were acting…

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