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EFCC Freezes 300 Illegal Forex Accounts - Business - Nairaland

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EFCC Freezes 300 Illegal Forex Accounts by nlfpmod: 7:38pm On Apr 23
The Economic and Financial Crimes Commission (EFCC) has frozen over 300 accounts linked to illicit foreign exchange (FX) trading.

Speaking in Abuja on Tuesday, Ola Olukoyede, EFCC’s chairman, said the agency secured a court order to freeze the accounts.

We got an order to freeze those accounts imagine what would have happened if we didn’t seize those accounts,” he said.

There are people in this country doing worse than Binance,” he said.

Olukoyede said over $15 billion passed through one of the platforms in the last year, which was not regulated by financial regulators.

The development comes a day after Kenya’s police service reportedly arrested Nadeem Anjarwalla, the Binance regional manager for Africa.

On March 22, Anjarwalla escaped from an Abuja guest house where he and Tigran Gambaryan, his colleague, had been kept by the federal government.

Anjarwalla was said to have escaped after guards led him to a nearby mosque for prayers during the Ramadan fast.

Anjarwalla and Gambaryan were charged with tax evasion and money laundering by the federal government. The duo were arrested and detained on February 28.

On February 27, 2024, Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), said $26 billion passed through Binance Nigeria from unidentified sources in one year.

Cardoso said the apex bank was collaborating with different agencies, including the EFCC, the police, and the office of the national security adviser (NSA) to tackle illicit financial flows in the country.

https://www.thecable.ng/breaking-efcc-freezes-over-300-accounts-linked-to-illegal-fx-trading/amp/

25 Likes 2 Shares

Re: EFCC Freezes 300 Illegal Forex Accounts by Risingblue008(m): 7:45pm On Apr 23
Way to go

17 Likes 2 Shares

Re: EFCC Freezes 300 Illegal Forex Accounts by macsika: 7:45pm On Apr 23
This will help curb all those speculators

42 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by jiz: 7:45pm On Apr 23
When your hustle is legit, you have no business with EFCC. May the good Lord bless all legit hustlers here and we will eat the fruit of our labour

73 Likes 3 Shares

Re: EFCC Freezes 300 Illegal Forex Accounts by mexxy1(m): 7:45pm On Apr 23
Wild goose chase as always

8 Likes 4 Shares

Re: EFCC Freezes 300 Illegal Forex Accounts by FreeStuffsNG: 7:45pm On Apr 23
EFCC is really on steroids since these henchman, Pastor Ola Olukoyede, EFCC chairman, took its reins. Great job! Let each of those in the mix clear themselves individually.

Those who keep deceiving themselves that P2P users are unreachable, you just got served. EFCC motto comes to mind.

God bless Nigeria for ever! Check my signature for free stuffs!

70 Likes 5 Shares

Re: EFCC Freezes 300 Illegal Forex Accounts by NowisGod109(f): 7:46pm On Apr 23
👍

But, abeg nobody should touch my $10

5 Likes 2 Shares

Re: EFCC Freezes 300 Illegal Forex Accounts by Kpartners: 7:46pm On Apr 23
All they are doing is guess work, be prepared to hear another story by next week
The work of a cbn governor is not a beer parlour economics
I will just advice everyone to tighten his or her belt, we have a long walk ahead
That is the plain truth

10 Likes 2 Shares

Re: EFCC Freezes 300 Illegal Forex Accounts by aralc: 7:46pm On Apr 23
The fear of EFCC is the beginning of wisdom

7 Likes 1 Share

Re: EFCC Freezes 300 Illegal Forex Accounts by shiki(m): 7:46pm On Apr 23
cheesy it seems EFCC can bit now

3 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by zubimete(f): 7:46pm On Apr 23
Commendable

3 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by GardenOfGod(m): 7:46pm On Apr 23
Nigeir is a funny country
Re: EFCC Freezes 300 Illegal Forex Accounts by Gten(m): 7:46pm On Apr 23
Kudos EFCC.

2 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by Hezzyluv: 7:47pm On Apr 23
It it's illegal, it worth it!
Re: EFCC Freezes 300 Illegal Forex Accounts by ogaontop(m): 7:47pm On Apr 23
Now you're working!
Not going around looking for those spraying money.

2 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by McLizbae: 7:47pm On Apr 23
Okay... The reigning enemies of the country will still have something to say against efcc on this one. Oya... 🎤

18 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by warrenweste(m): 7:47pm On Apr 23
shocked
Re: EFCC Freezes 300 Illegal Forex Accounts by wizelink(m): 7:47pm On Apr 23
Okay we don hear

1 Like

Re: EFCC Freezes 300 Illegal Forex Accounts by Smokeybrain(m): 7:47pm On Apr 23
Good
Re: EFCC Freezes 300 Illegal Forex Accounts by UrPapa: 7:47pm On Apr 23
mexxy1:
Wild goose chase as always
I swear I’m angry with the news just like you too

1 Like

Re: EFCC Freezes 300 Illegal Forex Accounts by BlocksNG(m): 7:47pm On Apr 23
initial gra gra but nice development.
Re: EFCC Freezes 300 Illegal Forex Accounts by yuzjet(m): 7:47pm On Apr 23
Good development. As long as it's going to help naira appreciates.

May thunder fire all those that doesn't want dollar to crash.

3 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by Mandate1: 7:48pm On Apr 23
The more you look, the less you see. All we want is for dollar to return to the buhari or pre-buhari era. The hunger is too much.....

4 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by Musty112: 7:48pm On Apr 23
Don't pay attention to naysayers! All those working against Nigeria will not succeed

12 Likes 1 Share

Re: EFCC Freezes 300 Illegal Forex Accounts by Dialpad: 7:48pm On Apr 23
Tough one
Re: EFCC Freezes 300 Illegal Forex Accounts by ClearFlair: 7:49pm On Apr 23
Risingblue008:
Way to go

Explain Forex
Re: EFCC Freezes 300 Illegal Forex Accounts by Zxcvbnmghtr: 7:49pm On Apr 23
grin

grin grin grin grin Ebi like say EFCC don dey drag performance with Bubba Marwa of NDLEA o. PLEASE BUBBA MARWA ACTIVATE VOLTRON NOW. Make e no gree for those drug trafficers. . grin grin grin

2 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by Honestey: 7:49pm On Apr 23
This EFCC people get three heads each? They seem to be working like clock o. God bless EFCC, God bless Nigeria

6 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by chopnaira: 7:49pm On Apr 23
Good job EFCC.

To those shouting keep your dollars to your heart, also have an handkerchief by your side as well cheesy

McLizbae:
Okay... The enemies of the country will still have something to say against efcc on this one. Oya... 🎤
The emergency lovers of Nigeria aka Obidients will be in hot tears.

5 Likes

Re: EFCC Freezes 300 Illegal Forex Accounts by Godada(m): 7:49pm On Apr 23
Re: EFCC Freezes 300 Illegal Forex Accounts by Raskimonojendor: 7:50pm On Apr 23
EfCC is firing from all cylinders. This administration is going tough on economic saboteurs and corruption.

11 Likes

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