In Lagos, the EFCC apprehends 13 counterfeit BDC operators

Thirteen fictitious Bureau-de-Change operators have been apprehended in Lagos by agents of the Economic and Financial Crimes Commission (EFCC)’s Lagos Zonal Command.

The operators were detained for using BDC without the proper license, the EFCC said in a statement on Wednesday.

Abdulahi Musa, Garba Abdullahi, Jubril Musa, Dauda Hussaini, Abdulwaheed Iliyasu, and Abubakar Mohammed are the suspects.

The others are Yusuf Isa, Musa Ishaka, Liman Makki, Idris Mohammed, Umar Saidu, Nurudeen AbdulAzeez, and Hamidu Usman.

Kafayat Lateef, a suspected currency racketeer, was also detained due to his suspected participation in the sale of Naira notes in various denominations.

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“They were arrested during sting operations by EFCC’s operatives between May 10 and 13, 2024 at different parts of Lagos, following credible intelligence received by the Commission about their illicit business activities,” the statement added.

According to the statement, Kafayat Lateef, a suspected currency racketeer, was detained after it was claimed that he was involved in the selling of Naira notes of various denominations.

“A sum of N2,100,000 was recovered from her at the point of arrest.

Following the completion of the investigations, the suspects will shortly face charges in court.

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