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Anti-corruption and elections / EFCC

Spate of Digital Currency Crimes Worrisome, Says Magu

The acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has described as worrisome the surge in the digital currency-related crimes in the country, saying the Commission is inundated with petitions from victims. Magu raised the concern in Ibadan on Thursday, June 27, 2019 while delivering his speech at the opening of the 12th annual retreat for Heads of Security of Banks and Other Financial Institutions. Themed “Fighting Financial Crimes in a Digital Economy”, the two-day retreat was organised by the Chartered Institute of Bankers of Nigeria, CIBN, with senior

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