The operatives of the Economic and Financial Crimes Commission (EFCC), on Friday, invaded the offices of the Bureau de Change operators in Wuse Zone 4, the Federal Capital Territory, Abuja.
Our sources gathered that the burst was a concealed operation to dislodge currency speculators who are alleged to be massively mopping up available foreign currencies.
According to an investigation, the invasion was a result of week-long surveillance in which agents of the EFCC have been monitoring the activities of most of the forex operators in the Wuse Zone 4 areas.
Our sources revealed that the anti-graft agency was working on intelligence that some agents invaded the area with huge naira resources and are busy mopping up the available foreign currencies, especially the United States Dollar.
PEOPLE AND POWER gathered that their main purpose was to create artificial scarcity of dollars, after either hoarding or smuggling the same out of Nigeria.
Our sources further revealed that the operatives of the Commission have been deployed to major international airports in the country, in what our source gathered is a coordinated nationwide operation that would be extended to all the major commercial cities such as Kano, Lagos and Port Harcourt and Kaduna States respectively.
Recently, the dollar took rooftop of the exchange rate market and crashed the naira with the currency exchanging for over N700 to a Dollar.
Efforts to contact the Head, Media, and Publicity of the EFCC, Wilson Uwujaren, were futile as his telephone lines were not available for comment.
https://any.peopleandpowermag.com/exclusive-efcc-invades-offices-of-bureaux-de-change-operators-in-abuja/
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