EFCC Arrests 170 Currency Racketeers, Imprisons 23 In One-Month Sweep

EFCC Arrests 170 Currency Racketeers, Imprisons 23 In One-Month Sweep

The Economic and Financial Crimes Commission (EFCC) has intensified its crackdown on illegal Bureau De Change operators and currency racketeers, resulting in the arraignment of 170 suspects and the conviction of 23 individuals within the last month…….READ ALSO Former CBN Governor, Godwin Emefiele, Returns To EFCC Custody Amid Fourth Arraignment

A significant operation conducted in Enugu State led to the apprehension of 116 illegal Bureau De Change operators and currency racketeers, along with the recovery of various currencies amounting to millions of naira and other denominations.

Key Points:

• EFCC Special Task Force arrested and arraigned 170 illegal Bureau De Change operators and currency racketeers.
• 23 individuals have been convicted for similar offences.
• In Enugu State alone, 116 illegal operators were apprehended, leading to the recovery of substantial amounts of various currencies.
• The crackdown is part of the EFCC’s efforts to combat currency racketeering and illegal foreign exchange activities.
• The EFCC Chairman, Ola Olukoyede, emphasized the agency’s commitment to diligent enforcement of anti-corruption measures

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