The Police in Kano State have conducted raids and arrested nine suspected illegal forex hawkers, as per DAILY POST.JAMB Result
The raid was conducted in collaboration with the Economic and Financial Crimes Commission (EFCC) and the Nigeria Customs Service.JAMB Portal
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The raid was carried out at Wappa Bureau De Change, Fagge LGA, Behind CBN Office, Nassarawa LGA, Central Hotel, Bompai Road, Nassarawa LGA, Ashton Road, Mallam Aminu Kano International Airport (MAKIA), Kofar Ruwa Motor Park, Dawanau International Grains Market, Dawakin Tofa LGA.NYSC Portal
Spokesman of the command, SP Abdullahi Haruna Kiyawa confirmed the arrest in a statement issued to DAILY POST.
He said the essence of the operation was to arrest those elements in order to stabilise the foreign exchange market in the country.InformationGuideNigeria
He added that the objective was not to arrest genuine Bureau de Change operators who carry on their legitimate businesses in their offices.
According to him “a total of thirty-one (31) people were arrested out of which twenty-two (22) were screened out for lack of evidence, while nine (9) were arrested with the following exhibits recovered; (1) Thirty-Eight USD ($38:00), (2) One Hundred and Thirteen (CFA 113:00) Nigerien Currency, (3) Four Thousand Eight Hundred and Ten (Cairos 4,810:00) Egyptian Pound, (4) Two Hundred (Birr 200:00) Ethiopian Currency, (5) One (1) POS Machine, and (6) Two Mobile Phone Devices (Infinix Android & Techno Keypad).”NYSC Portal
The state Commissioner of Police, CP Mohammed Usaini Gumel also advised all individuals and business operators within the financial sector to operate within the confines of the law and obtain the necessary licenses.