The Economic and Financial Crimes Commission (EFCC) has made significant strides in combating illicit activities within the Ibadan, Oyo State region. Specifically, the Ibadan Zonal Command of the EFCC recently executed operations resulting in the arrest of nineteen individuals suspected of engaging in internet fraud, alongside the apprehension of two individuals involved in currency racketeering.
On February 22, 2024, nine of the suspected internet fraudsters were detained in the Olorunda area of Akobo, Ibadan, with additional arrests made on February 21, 2024, at Olude, Wire, and Cable areas of Ibadan. These apprehensions were made possible through meticulous intelligence gathering and strategic efforts by EFCC operatives aimed at curtailing fraudulent activities perpetrated online.
Seized items from the suspects include two residential properties, seven vehicles, five laptops, twenty-nine mobile phones, a television set, and various incriminating documents. Furthermore, in a separate operation, two individuals suspected of currency racketeering were apprehended in the Agodi-gate area of Ibadan. Their arrest followed a sting operation fueled by credible intelligence regarding their involvement in illicit foreign exchange markets.
Among the items confiscated from the currency racketeers was the sum of N274,000.00 (Two Hundred and Seventy-four Thousand Naira). As the investigations progress, the EFCC is committed to ensuring that all individuals involved in these unlawful activities are brought to justice. Upon the conclusion of investigations, the suspects will be promptly arraigned before the appropriate court of law.
