EFCC arrests 11 suspected currency racketeers in Kano

Operatives of the Kano Zonal Command of the Economic and Financial Crimes Commission have arrested 11 suspected currency racketeers for allegedly selling new naira notes.

According to a statement on Saturday, by the agency’s Head of Media and Publicity, Dele Oyewale, the suspects were arrested on Monday, February 19, 2024, following intelligence that unmasked a syndicate of fraudsters operating in Kano.

Five members of the syndicate were arrested with new naira notes being sold to members of the public, while the other six, reported to be bankers.