EFCC Arrests Banker, POS agent For Currency Racketeering

Category: Crime

Agents from the Economic and Financial Crimes Commission's Port Harcourt Zonal Command have detained banker Soberechukwu Inya Ewa and Point of Sale (POS) cashier Azubuike Mamwu Obasi for purportedly vending new naira notes to clients for commercial use.

According to a statement released by the EFCC's spokesperson, Dele Oyewale, the suspects were apprehended during the early hours of Friday, February 15, 2024, at Ecobank in Rumuobiakani and Maddox Nightclub in the new Government Reservation Area (GRA) of Port Harcourt, Rivers State.

He noted that initial investigations revealed that Ewa, employed as a banker, purportedly focused on trading new naira notes of various denominations to POS cashiers for commercial motives, whereas Obasi was apprehended participating in currency racketeering by levying fees for new naira notes.

"During his arrest, he was found in possession of N554,600.00. Both suspects will be promptly brought before the court," Oyewale remarked.