Operatives of the Lagos Directorate 1 of the Economic and Financial Crimes Commission (EFCC) have arrested two suspects, following their alleged involvement in Naira abuse.
The suspects; Adeoti Folake and Adewuyi Modupe were apprehended in Lagos on Friday, March 21, 2025 while allegedly hawking Naira notes.
Upon their arrest, the sum of N3,850.000 ( Three Million, Eight Hundred and Fifty Thousand Naira) and N1,600.000 ( One Million Six Hundred Thousand Naira )were recovered from them respectively.
When contacted last night, the EFCC’s Head of Media and Publicity, Dele Oyewale confirmed the development.
He added that the suspects will be charged to court upon conclusion of investigations
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