EFCC Nabs Six Suspected Money Racketeers in Lagos

Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested six individuals for their alleged involvement in money racketeering and the sale of new naira notes for commercial purposes.

The anti-graft agency disclosed this via a tweet on its X official handle on Wednesday. 

“The suspects are: Adebayo Amupitan, Alimat Oyebode, Isiaka Yusuf, Adeoti Folake, Kafayat Yakub, and Bose Lateef,” the EFCC revealed.

The agency further disclosed that the six suspects were “arrested at various locations in Lagos, between February 16 and 17, 2024.

“A total sum of N2,597,000.00 (Two Million Five Hundred and Ninety-Seven Thousand Naira) was recovered from them.

“Investigations showed that the suspects specialized in selling new naira notes of different denominations for commercial purposes and financial gain. They will soon be arraigned in court,” the EFCC said.

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