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Economy Finance Headlines Kaduna News Nigeria

EFCC reads riot act to bureau de change operators

Economic and Financial Crimes Commission has warned  Bureaux de Change operators against illegal financial transactions.

The acting Chairman, Ibrahim Magu also directed that their activities should be monitor particularly in Kaduna and other states to prevent sabotaging the Federal Government’s efforts to stabilize the naira to the dollar.

In a press release signed by the Acting Head, Media & Publicity Tony Orilade says the commission’s team had visited popular Hamdalla Hotel in Kaduna to monitor the activities of the group.

He warned that anyone found wanting would made to face the full wrath of the law.

“The Bureaux de Change operators were also warned against hoarding, as it amounted to an act of sabotage, with a further warning that any individual or group caught involved in such illegal and illicit financial transactions will be made to face the full wrath of the law”.

Adamu Yusuf

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