…Arrest illegal Bureau de Change operators, recover 68,000 CFA, 30 Rupees

 

By Bisi LAWAL

 

Members of the public particularly business operators in the financial sector have been advised to operate within the confines of the law, obtain the necessary licenses, and always avoid unwholesome practices.

The Commissioner of Police, Mr Usaini Gumel, who gave the advice on Wednesday, disclosed that operatives arrested 17 suspected unlawful operators of Bureau de Change in Wapa area of Fagge Local Government Area of Kano state and recovered 68,000 CFA, and 30 Rupees (Indian currency).

“The operation, which was led by the Police Command, was carried out at the Wapa Bureau De Change, Fagge, with combined personnel of the Department of Security Services (DSS).

“A total of twenty-nine people were arrested, out of whom 12 were cleared.

“We recovered 68,000 CFA, and 30 Rupees (Indian currency) from them. All the suspects confessed to the offense and will be charged to court.

“This operation was carried out to flush out elements who operate illegally in order to destabilise the foreign exchange market in the country,” he said.

The commissioner commended the combined operatives for their commitment and cooperation in ensuring the success of the operation.

“The security measures put in place has sent the message that illegal financial activities will not be tolerated and that those engaging in such practices will be made to face the full wrath of the law,” he said.

Gumel thanked the people of the state for their support, cooperation, and understanding, and urged them to continue to report any suspicious movement of person(s) or item(s) to the nearest security outfits for prompt action.


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