Operatives of the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) have arrested 12 suspected illegal Bureau de Change (BDC) operators.
They were arrested on Wednesday, August 27, 2025, following credible intelligence and thorough surveillance regarding their alleged operation of BDCs without requisite licences.
Items recovered from them include cash and exotic jewelleries.
When contacted, the EFCC’s Head of Media & Publicity, Dele Oyewale, confirmed the arrest of the suspect la.
Oyewale added that the suspects are currently undergoing further investigation and will be arraigned in court soon.
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