EFCC sets up taskforce against dollarisation of economy

• He said some persons have been apprehended over the offences the task force was set up to tackle.

The Economic and Financial Crimes Commission, EFCC, has announced the constitution of a Special Task Force in all its Zonal Commands to enforce extant laws against currency mutilation and dollarization of the economy.

Spokesperson of the anti-graft agency, Dele Oyewale, made the announcement in a statement on Wednesday, in Abuja.

He stated that the Task Force, inaugurated by the Chairman of the Commission, Mr Ola Olukoyede, is to save the economy from abuse, leakages and distortions that exposes it to instability and disruptions.

He said some persons have been apprehended over the offences the task force was set up to tackle.

”Already, the commission has made some arrests of perpetrators of issuance of invoices in dollars and mutilation of the Naira in Lagos and Port Harcourt.

”Also, proprietors of private Universities and other institutions of higher learning charging fees in dollars have been invited by the commission.

”The Commission is committed to the enforcement of all laws in place for the reflation and stimulation of the economy,” he said