They were arrested on Friday, April 26, 2024 in a sting operation following credible intelligence about illegal sales of dollars at the Wuse Zone 4 area of the Federal Capital Territory Abuja.
Members of the Economic and Financial Crimes Commission (EFCC) assigned to the Taskforce on Currency Mutilation, Dollarization of the Economy, and Forex Malpractice have apprehended 34 individuals suspected of engaging in foreign exchange fraud.
The arrests were made on Friday, April 26, 2024, during a meticulously planned operation prompted by credible intelligence regarding illicit trading of dollars in the Wuse Zone 4 area of the Federal Capital Territory, Abuja.
A statement released by EFCC Spokesman Dele Oyewale provided the names of the apprehended suspects, including Usman Mohammed, Abdullahi Nasir, Abubakar Saleh, Mohammed Kabir Ibrahim, Abubakar Ghadafi, Muktar Usman, Umar Abubakar Abba, Yakubu Sani, Aminu Abubakar, Muhammed Suleman Abara, Yusuf Tahir, Usman Lawal, Usman Umar, and Amina Garba Rola.
The statement also identified additional suspects, such as Muhammed Aliyu, Murtala Haruna, Sani Mohammed, Umar Farouk, Muhammed Sagiuru, Aminu Salisu, Lawal Bello, Munzali Hashim, Jamilu Suleiman, Mustapha Umar, Mubarak Tanimu, Adamu Garba, Mohammed Usman, Bello Musa, Saleh Mohammed Naseer, Zaharadeen Yau, Musa Umaru Adamu, Usman Machido, and Abdulaziz Abubakar Abba.
Oyewale emphasized that these arrests are part of EFCC’s ongoing efforts to cleanse and stabilize the foreign exchange market.
He further stated that upon the completion of investigations, the suspects will be promptly arraigned in court to face the appropriate legal consequences.