The Economic and Financial Crimes Commission, EFCC, has arrested five suspects for alleged currency counterfeiting, totalling $113,400 in Abuja.
According to a statement by Wilson Uwujaren, a spokesman for the EFCC list the names of the suspects as: Sule Sani, Abba Sulaiman, Abraham Amengwa James, Haruna Nahum Rabiu and Samson Koadam Paul.
Following actionable intelligence available to the anti-graft agency, the suspect was arrested in Wuse Zone 4, Abuja and the suspects would be charged to court as soon as investigations are concluded.
It is believed that the introduction of fake currency into the mix is large to scare buyers and sellers of currencies for official businesses at home and abroad given that Abuja Zone 4 is the hub for buying and selling foreign currencies in the Federal Capital Territory.
Also, given that commercial banks do no longer supply Basic Travel Allowances PTA to Nigerians as and when necessary, the discovery may scare foreigners who buy and sell foreign currencies in the hub thereby causing a major setback to Nigerians paying their children’s school fees abroad.
