The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede has disclosed that about 300 accounts have been freeze to ensure the safety of the foreign exchange market.
He said that the anti-graft agency has discovered another worse scheme other than crypto trading platform Binance and its system.
Olukoyede maintained that the scheme popularly called the “P to P” peer- peer financial trading scheme has operated outside the official banking and financial corridors and there was a looming disaster that could further crashed the Naira value that has continued to gain.
He said that over $15bn passed through one of the platforms in the last one year, outside the financial regulations, which he said it is worse than Binance.
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