Stella Dimoko Korkus.com: EFCC Freezes Over 300 Accounts Over Suspicious FX Flows

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Wednesday, April 24, 2024

EFCC Freezes Over 300 Accounts Over Suspicious FX Flows

The Chairman of the Economic and Financial Crimes Commission, EFCC, Ola Olukoyede, on Tuesday, said the Commission has discovered another worse scheme other than crypto trading platform, Binance and its system.


Olukoyede said EFCC has frozen about 300 accounts to ensure the safety of the foreign exchange market.
The scheme popularly called the “P to P” peer- peer financial trading scheme has operated outside the official banking and financial corridors and there was a looming disaster that could further crashed the Naira value that has continued to gain.
“There are people in this country doing worse than Binance,” he said.
He added that over $15bn passed through one of the platforms in the last one year, outside the financial regulations.
From dailypost

5 comments:

  1. DSS reign is gradually fading away. It's EFCC turn.

    ReplyDelete
  2. Good one EFCC.
    Operation make naira great again💪🏼💪🏼

    ReplyDelete
  3. I pray you guys have what it takes to sustain your dollar moves.

    ReplyDelete

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