EFCC ARREST CURRENCY EXCHANGE OPERATORS IN KANO

By Nabila Khamis
Some currency exchange operators in the famous Kano currency exchange market, WAPA, have been arrested by the Economic and Financial Crime commission (EFCC).
According to an eyewitness, Malam Isma’ila Zico, officials of the EFCC were at the market in earlier hours of Wednesday.
When contacted WAPA currency exchange market Chairman, Alhaji Sani Salisu Dada, confirmed the raid, adding that the operatives of the EFFC were in the market to address the issue of dollar hoarding and operators that were yet to registered as certified bureau de change operators.
He explained that EFCC had made some arrests and those arrested were taken away for further investigations.
The chairman added that normal activities had returned in the market and the association was ever ready to comply should the need arise.
The operatives also raided Bureau De Change operators in Sabo, Ibadan, over alleged hike in the naira/dollar exchange.
An eyewitness who spoke with Daily Trust confirmed the incident, saying about ten arrests were made and a lot of cash was confiscated by the operatives.