Man arrested for alleged currency racketeering in Abuja

The Economic and Financial Crimes Commission (EFCC) has arrested one Ekene Ibegbu for alleged racketeering of more than N1.5 million

The EFCC’s Head of Media and Publicity, Dele Oyewale, disclosed this in a statement on Saturday in Abuja

He said the suspect was arrested by members of the commission’s Special Task Force attached to the Enugu Command along the Owerri-Enugu Road on Thursday.

READ ALSO: Bureau de Change operators deny shutting operations in Abuja

The spokesman said the arrest followed actionable intelligence about his suspected involvement in currency racketeering.

“He would be charged to court as soon as investigations are concluded,” Oyewale added.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now