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EFCC Busts Forex Fraud Syndicate In Kano

The Economic and Financial Crimes Commission (EFCC) has arrested 10 persons for forex scams.

The suspected fraudsters allegedly forged travel documents to procure foreign exchange from commercial banks in Kano.

The citizens were apprehended following intelligence about their activities around the Fagge and Gwammaja areas.

EFCC spokesman, Wilson Uwujaren said they will be charged to court after the investigation is concluded.

Meanwhile, EFCC Chairman, Abdulrasheed Bawa, has advocated strict compliance with laws promoting public accountability and the fight against corruption in Nigeria.

Bawa spoke through the commission’s Director of Public Affairs, Osita Nwajah at a roundtable organized by the Premium Times Center for Investigative Journalism (PTCIJ) in Abuja.

He said while Nigerians enjoyed comparing the country’s system with others abroad, those countries were not doing anything extraordinary other than enforcing rules and regulations.

“A society where enforcement is jaundiced or non-existent is inevitably sucked faster into the black hole of a failed society.

“There is no better prevention tool than a vigorous enforcement regime, one that is applied across the board in strict adherence with extant laws”, Bawa stated.

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