The Association of Bureau De Change Operators of Nigeria (ABCON) has reacted to reports on the recent arrest of some of its members by security operatives.
ABCON in its reaction confirmed that some of its members were invited for questioning over the investigation of some of their transactions which border on money laundering, terrorism financing and Know Your Customer status.
This disclosure was contained in a press statement titled, ‘ABCON statement on the recent clampdown on some member BDCs, issued by the association and signed by its President, Aminu Gwadebe.
ABCON in its statement said that it considers these as serious allegations especially given the security challenges facing the country. It appealed to the authorities to expedite action to ensure that innocent people who have been caught up in this investigation can be released so that they can return to their anxious families and resume their lives.