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Six currency racketeers arrested in Lagos

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Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested six persons for their alleged involvement in currency racketeering and the sale of new naira notes for commercial purposes.

The EFCC disclosed in a statement on Tuesday.

The suspects were identified as Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef.

According to the EFCC, they were arrested at various locations in Lagos, between February 16 and 17, 2024.

The anti-graft commission said a total sum of N2,597,000 was recovered from them.

“Investigations showed that the suspects specialised in selling new naira notes of different denominations for commercial purposes and financial gain.

“They will soon be arraigned in court,” the commission said.

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