EFCC office
May 20, 2024
Operatives of the Uyo Zonal Command of the Economic and Financial Crime Commission EFCC, on Friday arrested five suspected forex speculators at the Ama-Hausa mosque, along Hospital Road, Aba in Abia State.
In a statement by the EFCC, the arrested suspects are: Hassan Umaru; Haruna Umar Badamasi Abdullahi, Auwal Muhammed and Kasimu Muhammed.
The suspects were in possession of different currencies in varied sums at the point of arrest.
The recovered currencies are: 23,000 Won (Korean currency), 52 (Yuan Chinese currency), $6, 500 Nippon Ginko, 40 notes of Dalawampung piso( Philippines Currency) 20 Gambian Dalasis, 20 Swaziland currency and N382,000 (Three Hundred and Eighty-Two Thousand Naira only).
They were arrested by operatives of the Command, following weeks of
surveillance and credible intelligence.
The suspects will be charged to court as soon as investigations are concluded.
