12M Naira Recovered From Currency Traders In Edo State

Eight suspects who were caught selling Naira notes at different locations in Benin, Edo State, have been arrested.

During the parading of the suspects, the state Commissioner of Police, Mr Johnson Kokumo, said;

“ The offence contravenes the Central Bank of Nigeria (CBN) Act,” which criminalises the sale of Nigerian currency.

Mr Kokumo also warned bankers collaborating with this traders to desist from the act because the police will not relent in their effort in order to get rid of the people dealing in this illegal business.

The Approximate sum of N12 ,580, 235 was recovered from the suspects who were later identified as Franklin Izukwu, Bright Mugbeyoghe, Obi Alex, Elvis Iyomana, Osazee Osagede, Victoria Igbinos and Deborah Uwa.

Leave a Reply

Your email address will not be published.