Police raid illegal BDCs, arrest nine suspected forex hawkers in Kano

The Police in Kano State, in collaboration with the EFCC and the Nigeria Customs Service, conducted raids and apprehended nine suspected illegal forex hawkers in various locations including Wappa Bureau De Change, Fagge LGA, Behind CBN Office, Nassarawa LGA, Central Hotel, Bompai Road, Nassarawa LGA, Ashton Road, Mallam Aminu Kano International Airport (MAKIA), Kofar Ruwa Motor Park, Dawanau International Grains Market, Dawakin Tofa LGA.

SP Abdullahi Haruna Kiyawa, spokesperson for the command, confirmed the arrests in a statement to DAILY POST, emphasizing that the operation aimed to stabilize the foreign exchange market by targeting illicit activities. He assured that legitimate Bureau de Change operators conducting legal business in their offices were not the targets of the raid.

According to him “a total of thirty-one (31) people were arrested out of which twenty-two (22) were screened out for lack of evidence, while nine (9) were arrested with the following exhibits recovered; (1) Thirty-Eight USD ($38:00), (2) One Hundred and Thirteen (CFA 113:00) Nigerien Currency, (3) Four Thousand Eight Hundred and Ten (Cairos 4,810:00) Egyptian Pound, (4) Two Hundred (Birr 200:00) Ethiopian Currency, (5) One (1) POS Machine, and (6) Two Mobile Phone Devices (Infinix Android & Techno Keypad).”

The state Commissioner of Police, CP Mohammed Usaini Gumel also advised all individuals and business operators within the financial sector to operate within the confines of the law and obtain the necessary licenses.

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