EFCC denies offering N1m reward for arrest of ‘Yahoo Yahoo Boys’

The Economic and Financial Crimes Commission (EFCC) on Friday denied offering N1 million to anyone with information that could lead to the arrest of cybercrime suspects, widely referred to as ‘Yahoo Yahoo Boys’.

In a statement on Friday, Wilson Uwujaren, Head, Media & Publicity said the clarification became necessary following phone calls by citizens wanting to cash in.

The spokesman said there are fraudulent notices on social media promising N1,000,000 for friends, family and relatives who offer credible information.

EFCC advised the public to disregard the message, adding that it was not authorized by the commission.

The promoters of the hashtags are under surveillance and every effort will be made to bring them to justice, Uwujaren noted.

Stressing that the commission welcomes information that could lead to the arrest of cybercrime suspects, there is no prize for informants.

Uwujaren said the fight against corruption and other forms of economic crime is a patriotic duty all Nigerians should embrace.

“The whistle blower policy of the Federal Government which the Commission is among the agencies saddled with its implementation, is applicable only to public sector corruption”, he added.

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