17 people in police net for allegedly operating illegal Bureau de Change

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The police have arrested 17 suspected forex hawkers for illegal operation of Bureau de Change in Wapa area of Fagge Local Government Area of the state. The Commissioner of Police, Mr Usaini Gumel, told the News Agency of Nigeria in an interview on Wednesday. ”The operation which was led by the Police Command was carried…The police have arrested 17 suspected forex hawkers for illegal operation of Bureau de Change in Wapa area of Fagge Local Government Area of the state.

”This operation was carried our to flush out elements who operate illegally in order to disstabilise the foreign exchange market in the country,” he said. He advised all individuals and business operators in the financial sector to operate within the confines of the law, obtain the necessary licenses and always avoid unwholesome practices.He urged them to continue to report any suspicious movement of person or item to the nearest security outfits for prompt action.Before flagging, please keep in mind that Disqus does not moderate communities.

Obeagu community in Awgu Local Council of Enugu State has sent a petition to Governor Peter Mbah and the Inspector General of Police , Olukayode Egbetokun, alleging what they described as "persistent harassment The federal government may have traded this year’s 95 per cent financial inclusion and the cashless economy drive, following the imposition of more taxes on electronic payments on which the ambitious goals rest their wings.

 

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