Operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested an unlicensed foreign exchange dealer, Chike Nosa Agada for an alleged N2bn fraud.
The anti-graft agency in a statement on Monday said that Agada, a 37-year-old native of Udi Local Government Area of Enugu State, was declared wanted by the Commission on Wednesday, October 11, 2023, for obtaining money by false pretence and stealing by conversion to the tune of N2billion
The statement reads, ‘’He was arrested at a residence in the Bourdillion, Ikoyi area of Lagos on Monday, October 16, 2023, during a sting operation by operatives of the Commission, following credible intelligence linking him to the alleged fraud.”
The statement also adds that upon his arrest, a mobile device was recovered from him.
The agency says he will be charged to court as soon as investigations are concluded.
