The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of 60 suspected internet fraudsters a.k.a. Yahoo boys in Ogun.
EFCC Head of Media, Wilson Uwujaren, made the announcement in a statement on Monday.
They were nabbed at a ceremony at the Conference Hotel in Abeokuta, the state capital.
The facility is owned by Gbenga Daniel, a former Ogun Governor and All Progressives Congress (APC) chieftain.
Uwujaren said the event, tagged “Peer Youths Awards”, was organized “to reward high-level internet fraudsters”.
Items recovered from the suspects at the point of arrest include exotic cars, electronic devices, laptop computers and mobile phones.
The suspects will soon be charged to court, the spokesman added.
The EFCC carried out the sting operation between Saturday night and early hours of Sunday morning.
The commission has been accused of using excessive force during raids in recent months.
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As much as I will commend the EFCC I also condemn it’s use of force…
Why must EFCC conclude that every Nice looking Young Guy having Exotic cars in that venue are all yahoo Boyz or what ever name you call them….
The act that established EFCC is copied and pasted below: EFCC have more work to do than going to hotels. EFCC should go after those sponsoring terrorism.
The Establishment Act
The Act mandates the EFCC to combat financial and economic crimes. The Commission is empowered to prevent, investigate, prosecute and penalise economic and financial crimes and is charged with the responsibility of enforcing the provisions of other laws and regulations relating to economic and financial crimes, including:
Economic and Financial Crimes commision Establishment act (2004)
The Money Laundering Act 1995
The Money Laundering (Prohibition) act 2004
The Advance Fee Fraud and Other Fraud Related Offences Act 1995
The Failed Banks (Recovery of Debts) and Financial Malpractices in Banks Act 1994
The Banks and other Financial Institutions Act 1991; and
Miscellaneous Offencesll