Four Point-of-Sales (PoS) operators have been arrested by the operatives of the Economic and Financial Crimes Commission (EFCC) in Makurdi, Benue State.
They were arrested for overcharging customers as much as 20 percent for transactions.
The Central Bank of Nigeria (CBN)in a joint operation with law enforcement agencies, handed over the accused to the Economic and Financial Crimes Commission (EFCC), Makurdi Zonal Office for further investigation and prosecution.
A team led by CBN Deputy Director, Harry Agbo, visited major markets and PoS point outlets across the state capital.
This followed complaints by residents over the exploitation charges by PoS operators, as some claims to be charged N3,000 for every withdrawal of N10,000.
However, the accused PoS operators were not allowed to explain the reason for such charges.
The apex bank reportedly conducted the sting operation with the directive not to make a public statement on any issue from the state branches, saying investigations will be done and anyone found wanting will be prosecuted.
