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  • Crime
  • Updated: May 25, 2024

Police arrest US dollars fraudster in Jigawa

Police arrest US dollars fraudster in Jigawa

Police in Jigawa State have arrested Abubakar Ibrahim, a 25-year-old man, for cheating his friend of one million nine hundred and forty-two thousand naira (N1,942,000) with the promise that he would send him United States dollars (USD) in exchange.

DSP. Lawan Shiisu Adam, the command's spokesman, confirmed the arrest in a statement to the Daily Post.

He said, “On 20/5/2024 at about 0800hrs, one Ibrahim Musa 20yrs of Shagari Quarters reported at Hadejia ‘A’ Division that, about one month ago, one Abubakar Umar, age 25yrs of Gandun Sarki quarters, defrauded him the sum of one million nine hundred and forty-two thousand naira (N1,942,000.00k) with the agreement that, he will give him United States Dollars (USD) as equivalent.”

He stated that upon receiving the complaint, detectives from the Hadejia 'A' Division jumped into action, arresting the suspect and immediately transferring him to SCID Dutse for an in-depth investigation.

DSP Shiisu shared, "During interrogation at SCID Dutse, the suspect confessed to the commission of the act. On interrogation at SCID Dutse, the suspect confessed to the commission of the offence.

“He further mentioned one Yahuza Mukthar of Kurna quarters Dala LGA, Kano State and Suleiman Yahaya as his accomplices, where they were equally arrested.

“When a search was conducted, thirty-two (32) pieces of counterfeited 100 USD, a piece of counterfeited one thousand naira note and clothes were recovered in their possession.

“All the suspects confessed to the commission of the offence allegedly against them and they will be taken to court.”

Meanwhile, the Economic and Financial Crimes Commission, EFCC, has expressed concern over the violation of foreign missions in Nigeria on dollar transaction regulations.

Director of Public Affairs of the commission, Wilson Uwujaren stated this in an interview on Channel Television.

According to Uwajaren, some third-party agents work for foreign missions to circumvent transaction regulation by invoicing in dollars.

The EFCC read the riot act to foreign missions based in Nigeria, banning them from transacting in foreign currencies, and mandating the use of the naira in their financial businesses.

Uwujaren said that the naira is the only legal tender in Nigeria, saying the commission had informed the Foreign Affairs Ministry of the development.

He said, “Section 20 sub-section 1 of the EFCC Act says that naira is the only legal tender in Nigeria; meaning that is the only currency that is acceptable for transactions anywhere across the country.

“We found situations where third-party working for missions circumvent that regulation by invoicing in dollars. A number of them go to the extreme of determining the exchange value of naira in their transactions.

“This is worrisome to us. So we have to bring this to the Foreign Affairs Ministry. The government has the responsibility to rule the protocol and channel of communication to bring this observation to the attention of the foreign mission to advise them to ensure that their activities do not go against our laws.”

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