Banker, three others arrested for recycling, manipulating naira notes

Operatives of the Kano Directorate of the Economic and Financial Crimes Commission, (EFCC) have arrested a banker, Kamaluddeen Lawal, and three businessmen for recycling and manipulating contents of naira notes. The other suspects are Ismail Ibrahim Ilu, Lamido Bala, and Abba Mohammed. The suspects were arrested at Unity Road, Kantin Kwari market, Kano following credible intelligence on the activities of some individuals suspected of trafficking huge sums of money in cash. Investigations showed that the suspects specialised in obtaining mutilated naira notes from various banks with the sole purpose of removing a few notes from each bundle and depositing them

The post Banker, three others arrested for recycling, manipulating naira notes appeared first on The Guardian Nigeria News – Nigeria and World News.

Check Also

Yuletide heroes: Professionals who keep essential services running during Christmas

On Christmas Day, while many Nigerians gather with loved ones to celebrate the holiday, others …

Leave a Reply

Your email address will not be published. Required fields are marked *