Economic and Financial Crimes Commission (EFCC) has arrested 87 forex dealers in the Federal Capital Territory, Abuja, Lagos and Kano.
The anti-graft agency also ransacked the forex dealers’ vaults for stash of dollars and naira.
The operation was targeted at tracking illicit funds from terrorists, bandits and politicians who might want to convert their stash in a desperate move to beat the redesign of the naira announced by the Central Bank of Nigeria.
On Wednesday, the EFCC officials arrested at least 25 legal and illegal forex dealers in addition to the 40 arrested on Tuesday during a raid of the Zone 4 Wuse offices of the Association of Bureau de Change Operators.
This bought to 65 the number of arrests in the Federal Capital Territory, The Punch reports on Thursday.
EFCC also arrested about 14 forex dealers in Lagos on Wednesday, while eight others were picked up at the famous Bureau de Change market located at Wapa in Kano metropolis.
In Lagos, EFCC detectives swooped on forex dealers on Broad Street in Lagos Island as well as some BDC outlets in other parts of the states.
The EFCC special operations. which began on Tuesday, would be extended to Anambra, Oyo and Rivers states, it was learned.
