EFCC arrests five suspected Forex speculators in Aba

Operatives of the Uyo Zonal Command of the  Economic and Financial Crime Commission EFCC, on Friday, May 17, 2024,  arrested five suspected forex speculators at the Ama-Hausa mosque, along Hospital Road, Aba in Abia State.

The arrested suspects are:  Hassan Umaru; Haruna Umar

Badamasi Abdullahi , Auwal Muhammed  and   Kasimu Muhammed.

 

The suspects were in possession of different currencies in varied sums at the point of arrest.

The recovered currencies are: 23,000 Won (Korean currency), 52 (Yuan Chinese currency),  $6, 500 Nippon Ginko, 40 notes of Dalawampung piso( Philippines

Currency) 20 Gambian Dalasis, 20 Swaziland currency and N382,000(

Three Hundred and Eighty-Two Thousand Naira only).

Other recovered items  from them are,  seven mobile phones, one power bank, one air pod, and one ATM card.

They were arrested by operatives of the Command, following weeks of

surveillance and credible intelligence.

The suspects will be charged to court as soon as investigations are concluded.