No fewer than seven Point of Sale (PoS) operators as well as a security guard were arrested during the Independent Corrupt Practices and other related offences Commission (ICPC) monitoring exercise in Osun State for charging exorbitant commissions for cash.
The ICPC spokesperson, Azuka Ogugua, who disclosed this to newsmen said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.
Ogugua, however, disclosed that investigations revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.
He said the arrested persons are helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes.
In a related development, the anti-graft agency has arrested officials of commercial banks in Abuja and Osun State for alleged sabotage.
