Categories: CRIME

EFCC Arrests Five Suspected Forex Speculators

<p>&nbsp&semi;<&sol;p>&NewLine;<h4>EFCC Arrests Five Suspected Forex Speculators<&sol;h4>&NewLine;<p><strong><a href&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;">OpenLife Nigeria<&sol;a><&sol;strong> has reliably gathered that operatives of the Uyo Zonal Command of the Economic and Financial Crime Commission EFCC&comma; on Friday&comma; May 17&comma; 2024&comma; arrested five suspected forex speculators at the Ama-Hausa mosque&comma; along Hospital Road&comma; Aba in Abia State&period;<&sol;p>&NewLine;<p>This is contained in a statement signed by Dele Oyewale&comma; Head&comma; Media &amp&semi; Publicity and made available to OpenLIfe Sunday afternoon&period;<&sol;p>&NewLine;<p>According to the statement&comma; the arrested suspects are&colon; Hassan Umaru&semi; Haruna Umar Badamasi Abdullahi &comma; Auwal Muhammed and Kasimu Muhammed&period;<&sol;p>&NewLine;<p>The suspects were in possession of different currencies in varied sums at the point of arrest&period;<&sol;p>&NewLine;<p>The recovered currencies are&colon; 23&comma;000 Won &lpar;Korean currency&rpar;&comma; 52 &lpar;Yuan Chinese currency&rpar;&comma; &dollar;6&comma; 500 Nippon Ginko&comma; 40 notes of Dalawampung piso&lpar; Philippines Currency&rpar; 20 Gambian Dalasis&comma; 20 Swaziland currency and N382&comma;000&lpar; Three Hundred and Eighty-Two Thousand Naira only&rpar;&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;vanguardngr&period;com&sol;">Other recovered items from them are&comma; seven mobile phones&comma; one power bank&comma; one air pod&comma; and one ATM card&period;<&sol;a><&sol;p>&NewLine;<p>They were arrested by operatives of the Command&comma; following weeks of surveillance and credible intelligence&period;<&sol;p>&NewLine;<p>The suspects will be charged to court as soon as investigations are concluded&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;25116" aria-describedby&equals;"caption-attachment-25116" style&equals;"width&colon; 300px" class&equals;"wp-caption alignnone"><img class&equals;"size-medium wp-image-25116" src&equals;"https&colon;&sol;&sol;openlife&period;ng&sol;wp-content&sol;uploads&sol;2024&sol;05&sol;Internet-2-300x147&period;jpg" alt&equals;"EFCC Arrests Five Suspected Forex Speculators " width&equals;"300" height&equals;"147" &sol;><figcaption id&equals;"caption-attachment-25116" class&equals;"wp-caption-text"><em><strong>Items recovered from the forex speculators<&sol;strong><&sol;em><&sol;figcaption><&sol;figure>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;

Share This
Openlife Reporter

Recent Posts

Amid Worsening Economic Hardship, National Assembly’s N110 Billion SUV and Allowance Schemes Unlawful, Court Tells Akpabio, Abbas

Amid Worsening Economic Hardship, National Assembly’s N110 Billion SUV and Allowance Schemes Unlawful, Court Tells…

12 hours ago

In A Relentless Nationwide Offensive Against Drug Cartels, NDLEA Arrests Ebonyi Septuagenarian In Possession Of 300 Grams Skunk

In A Relentless Nationwide Offensive Against Drug Cartels OpenLife Nigeria reports that large consignments of…

21 hours ago

Late Prophet Temitope Joshua Of SCOAN Only Gone From Sight But His Impacts Linger—Femi Oyewale, NASRE President

Late Prophet Temitope Joshua Of SCOAN Only Gone From Sight But His Impacts Linger---Femi Oyewale…

2 days ago

Zenith Bank Expands Its Environmental Sustainability And Responsible Business Practices, Partners LAWMA, LASWA To Commemorate 2026 World Environment Day

Zenith Bank Expands Its Environmental Sustainability And Responsible Business Practices, Partners LAWMA, LASWA To Commemorate…

3 days ago

Dangote Refinery Ramps Up To 700,000 Barrels Per Day, Strengthening Africa’s Energy Landscape

Dangote Refinery Ramps Up   OpenLife Nigeria reports that Dangote Petroleum Refinery & Petrochemicals has…

3 days ago

Globacom Introduces 10 % More Data Offer To Customers, Tagged ‘More Data More Value Only On Glo’

Globacom Introduces 10 % More Data Offer To Customers   OpenLife Nigeria reports that in…

3 days ago

This website uses cookies.