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EFCC arrests syndicate hoarding new naira notes in Abuja

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The Economic and Financial Crimes Commission (EFCC) says its men have arrested members of a syndicate of currency racketeers hoarding and trading in the redesigned Naira notes in Abuja.

EFCC spokesperson, Wilson Uwujaren, said in a statement on Monday that the operations were carried out in the Zone 4 and Dei Dei axis of the Federal Capital Territory (FCT) between Saturday and Monday.

According to the commission, the operation followed intelligence on activities of unscrupulous currency speculators who were exploiting desperate citizens by offering them the new Naira notes for foreign currencies at below the going rate.

The action came a day after the governor of the Central Bank of Nigeria, Godwin Emefile, said the bank would collaborate with law enforcement agencies like EFCC and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to track such heavy withdrawals.

The CBN also extended the deadline for the validity of the old N200, N500 and N1,000 naira notes from 31 January to 10 February.

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Many Nigerians had called for the extension due to the scarcity of the new notes, despite the claims by the CBN that it had circulated enough of such.

Recall that on Monday the State Security Service (SSS) arrested some currency traders who have turned the sale of newly redesigned notes into brisk business.

The secret police also alleged that the perpetrators were working in cahoots with officials of commercial banks.

Banks complicit
The EFCC also said its findings have revealed that some of the money traders are working with officials of Money Deposit Banks.

It further said the commission would extend its operation to all the major commercial centres of the country until all the syndicates involved in the illegal trade are demobilised

“The suspects have made useful statements, including disclosure that they were acting in cohort with some unscrupulous officials of Money Deposit Banks.

“The Commission will extend the operation to all the major commercial centres of the country until all the syndicates involved in the illegal trade are demobilised. Financial system operators are also warned to desist from the sharp practices or risk arrest and prosecution.

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South Africa police arrest 8 Nigerians over attack on officers during drug raid

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The South African police have arrested eight Nigerians for allegedly attacking officers during a drug raid.

 

In a statement issued on Friday, the police said the suspects were arrested in the Northern Cape province.

 

The police said the suspects also damaged vehicles and other property.

 

“At the time of the arrest, police were tracing information of one of the Nigerian nationals being in possession of drugs,” the statement reads.

 

“While conducting this search, a large group of Nigerians attacked police. Police fired rubber bullets to disperse the crowd.

 

“One suspect was arrested for illegal possession of drugs, and three suspects were arrested for public violence and detained at Kimberley Police Station.

 

“During processing, the suspects broke windows at the station. Additional charges of malicious damage to property were added.

 

“Another group of Nigerians later approached the Police Station and threatened to retaliate.

 

“The Operational Commander warned the group to disperse.

 

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“However, upon dispersing, the group damaged police vehicles. Another four suspects were arrested for malicious damage to property.”

 

Koliswa Otola, police commissioner for the province, commended officers for the arrest of the suspects.

 

Otola condemned acts of violence against law enforcement agents, saying those who prevent police from exercising their duties “will be dealt with harshly”.

 

“We will not allow such lawless behaviour,” the commissioner said.

 

“We are processing the suspects and working with Home Affairs to determine if they are legally or illegally in the country.

 

“Police will continue to stamp the authority of the state in the Northern Cape Province.”

 

 

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Police arrest grandma for locking up three children in Lagos

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Police operatives in Lagos State have arrested a grandmother for locking up three of her grandchildren. 

 

The spokesman of the Lagos State Police Command Benjamin Hundeyin said the suspect’s neighbours alerted them about the development.

 

“All thanks to vigilant neighbours who alerted the police, these children were rescued by police officers from Ikotun Division after being locked up in a room for days by their grandmother,” he said in a post on his official X handle on Friday.

 

“The children are now in safe hands while their grandmother is in police custody. An investigation is ongoing. See something, say something!”

 

The children comprising a girl and two boys, looked malnourished from the photos he shared online.

 

 

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UPDATED: EFCC declares Yahaya Bello wanted over N80bn ‘financial crime’

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The Economic and Financial Crimes Commission (EFCC) has declared Yahaya Bello, former governor of Kogi state, wanted over alleged N80 billion financial crimes.

 

The anti-graft commission has asked anyone with useful information on Bello’s whereabouts to contact the commission or the nearest police station.

 

“The public is hereby notified that YAHAYA ADOZA BELLO (former Governor of Kogi State), whose photograph appears above is wanted by the Economic and Financial Crimes Commission (EFCC) in connection with alleged case of Money Laundering to the tune of N80,246,470,089.88 (Eighty Billion, Two Hundred and Forty Six Million, Four Hundred and Seventy Thousand and Eighty Nine Naira, Eighty Eight Kobo),” statement reads.

 

“Bello, 48-year old Ebiraman, is a native of Okenne Local Government of Kogi State. His last known address is: 9, Benghazi Street, Wuse Zone 4, Abuja.

“Anybody with useful information as to his whereabouts should please contact the Commission in its Ibadan, Enugu, Kano, Lagos, Gombe, Port Harcourt and Abuja offices.”

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On Wednesday, some EFCC operatives barricaded Bello’s Abuja residence.

 

Some hours after, Usman Ododo, governor of Kogi, arrived at Bello’s residence and was said to have left with the former governor in his vehicle.

 

But Abdulwahab Muhammed, Bello’s lawyer, said his client was in his state when the EFCC operatives besieged his residence.

Bello was absent in court earlier today when the EFCC arraigned him.

 

His arraignment came after a warrant of arrest and enrolment order was granted to the EFCC by the court on Wednesday.

 

“It is needful to state that Bello is not above the law and would be brought to justice as soon as possible,” EFCC said in a statement on Wednesday.

 

The federal high court in Abuja adjourned the case against Bello, Alli Bello, chief of staff to Usman Ododo, governor of Kogi; and one Daudu Suleiman, to April 23.

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