Anyone caught hoarding dollars will be arrested, EFCC warns

Posted by News Express | 6 August 2022 | 337 times

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•EFCC Chairman Abdulrasheed Bawa

 

The Economic and Financial Crimes Commission (EFCC) has warned Nigerians against stockpiling and hoarding foreign currencies, especially the United States dollars, stating

The chairman of the anti-graft agency, Abdulrasheed Bawa, disclosed this while speaking with representatives of Bureau De Change operators in Abuja on Friday, stating that anyone caught with face serious charges.

“The Commission has intelligence linking some persons and organisations to hoarding foreign currencies, especially the United States dollars, in key commercial cities of Kano, Lagos, Port Harcourt, Enugu and Calabar.

“We warn those involved to desist or risk arrest as a major offensive against the speculators is underway,” Bawa said. (Saturday Independent)

 


Source: News Express

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