Ibrahim Magu, the acting chairman of Economic and Financial Crimes Commission (EFCC) said there were fraudulent involvements of Bureau De Change operators in the ongoing $2.1bn arms deal scandal.
Speaking during a courtesy call to his office in Abuja by Bureau De Change operators on Tuesday, January 5, Magu said there should be documentation regarding their activities so they can checkmate anyone who is involved in any fraudulent activity.
According to him, the EFCC will not spare any Bureau De Change operator involved in the ongoing arms deal scandal.
He said: “My operatives often tell me what they see during investigations. We need to talk to you, as some of your operators are fond of carrying huge amounts of money out of the country, since they can no longer withdraw more than $300 using the ATM.
‘There are fraudulent involvements of Bureau De Change operators in the arms deal scandal. There are reports of some of your members withdrawing as much as N500million in two, three, four tranches in this arms deal scam. So, I am greatly disturbed.”
Also speaking, the chairman of Bureau De Change operators, Aminu Gwadabe said his group had resolved to join hands with the anti-graft commission in the war against corruption and economic crimes.
According to him, they came to see Magu to congratulate him on his appointment as acting chairman of EFCC and also seek collaboration with the commission.
He, therefore, called on the commission to organise seminars, workshop and sensitization programmes as part of efforts to improve the knowledge of the operators.
The Socio-Economic Rights and Accountability Project (SERAP) recently urged Magu and chairman of the ICPC, Ekpo Nta, to urgently institute a joint probe of the roles played by the leadership of the CBN and other banks and financial institutions in the stealing of over N70 billion arms purchase funds.