EFCC arrests 5 alleged forex speculators in Aba 

The Economic and Financial Crime Commission EFCC, has  arrested five suspected forex speculators at the Ama-Hausa mosque, along Hospital Road, Aba in Abia State.
EFCC in a statement, Sunday, said the suspects  Hassan Umaru, Haruna Umar, Badamasi Abdullahi, Auwal Muhammed and Kasimu Muhammed were arrested on on Friday, May 17, 2024.
The commission said the suspects were in possession of different currencies in varied sums at the point of arrest.
According to the commission, the recovered currencies are: 23,000 Won (Korean currency), 52 (Yuan Chinese currency), $6, 500 Nippon Ginko, 40 notes of Dalawampung piso( Philippines Currency) 20 Gambian Dalasis, 20 Swaziland currency and N382,000.
The statement added that other recovered items from them were, seven mobile phones, one power bank, one air pod, and one ATM card.
It said the suspects were arrested by operatives of the Command, following weeks of surveillance and credible intelligence.
EFCC said the suspects would be charged to court as soon as investigations were concluded.

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