The Economic and Financial Crimes Commission (EFCC) has arrested three persons in connection with suspected currency racketeering.
The agency in a statement issued Thursday said the suspects were arrested by operatives of the Kaduna Zonal Command of the agency.
The suspects: Musa Gideon, Abdul Seidu Adamu and Justine Musa were arrested along Yakubu Gowon way, Kaduna on Wednesday, February 7, 2024 while trying to sell new naira notes to an EFCC’s undercover operative.
The operative, a member of the Special Task Force set up for the enforcement of extant laws against currency mutilation and dollarisation of the economy by the EFCC Chairman, Ola Olukoyede, functioned in a sting operation carried out by the Team.
The operation yielded the arrest of the three suspects selling new and old naira notes to the tune of N1,307,400 and many Automated Teller Machine (ATM) cards.
The agency added that suspects would be charged to court as soon as investigations are concluded