NewStats: 3,263,903 , 8,181,804 topics. Date: Sunday, 08 June 2025 at 04:50 PM u6z1w

The Economic and Financial Crimes Commission (EFCC) has frozen over 300 s linked to illicit foreign exchange (FX) trading.

Speaking in Abuja on Tuesday, Ola Olukoyede, EFCC’s chairman, said the agency secured a court order to freeze the s.

“We got an order to freeze those s imagine what would have happened if we didn’t seize those s,” he said.

“There are people in this country doing worse than Binance,” he said.

Olukoyede said over $15 billion ed through one of the platforms in the last year, which was not regulated by financial regulators.

The development comes a day after Kenya’s police service reportedly arrested Nadeem Anjarwalla, the Binance regional manager for Africa.

On March 22, Anjarwalla escaped from an Abuja guest house where he and Tigran Gambaryan, his colleague, had been kept by the federal government.

Anjarwalla was said to have escaped after guards led him to a nearby mosque for prayers during the Ramadan fast.

Anjarwalla and Gambaryan were charged with tax evasion and money laundering by the federal government. The duo were arrested and detained on February 28.

On February 27, 2024, Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), said $26 billion ed through Binance Nigeria from unidentified sources in one year.

Cardoso said the apex bank was collaborating with different agencies, including the EFCC, the police, and the office of the national security adviser (NSA) to tackle illicit financial flows in the country.

https://www.thecable.ng/breaking-efcc-freezes-over-300-s-linked-to-illegal-fx-trading/amp/

Way to go

This will help curb all those speculators

When your hustle is legit, you have no business with EFCC. May the good Lord bless all legit hustlers here and we will eat the fruit of our labour

Wild goose chase as always

EFCC is really on steroids since these henchman, Pastor Ola Olukoyede, EFCC chairman, took its reins. Great job! Let each of those in the mix clear themselves individually.

Those who keep deceiving themselves that P2P s are unreachable, you just got served. EFCC motto comes to mind.

God bless Nigeria for ever! Check my signature for free stuffs!

👍

But, abeg nobody should touch my $10

All they are doing is guess work, be prepared to hear another story by next week
The work of a cbn governor is not a beer parlour economics
I will just advice everyone to tighten his or her belt, we have a long walk ahead
That is the plain truth

The fear of EFCC is the beginning of wisdom

it seems EFCC can bit now

Commendable

Nigeir is a funny country

Kudos EFCC.

It it's illegal, it worth it!

Now you're working!
Not going around looking for those spraying money.

Okay... The reigning enemies of the country will still have something to say against efcc on this one. Oya... 🎤

Okay we don hear

Good

mexxy1:
Wild goose chase as always

I swear I’m angry with the news just like you too

initial gra gra but nice development.

Good development. As long as it's going to help naira appreciates.

May thunder fire all those that doesn't want dollar to crash.

The more you look, the less you see. All we want is for dollar to return to the buhari or pre-buhari era. The hunger is too much.....

Don't pay attention to naysayers! All those working against Nigeria will not succeed

Tough one

Risingblue008:
Way to go

Explain Forex

Ebi like say EFCC don dey drag performance with Bubba Marwa of NDLEA o. PLEASE BUBBA MARWA ACTIVATE VOLTRON NOW. Make e no gree for those drug trafficers. .

This EFCC people get three heads each? They seem to be working like clock o. God bless EFCC, God bless Nigeria

Good job EFCC.

To those shouting keep your dollars to your heart, also have an handkerchief by your side as well

McLizbae:
Okay... The enemies of the country will still have something to say against efcc on this one. Oya... 🎤

The emergency lovers of Nigeria aka Obidients will be in hot tears.

EfCC is firing from all cylinders. This istration is going tough on economic saboteurs and corruption.