By Celestine Ajayi
President of the Association of Bureau De Change Operators in Nigeria (ABCON), Aminu Gwadebe has confirmed that some of the association members were indeed arrested for issues bordering on money laundering, terrorism financing, and Know Your Customers.
Gwadabe disclosed that the confirmation became necessary following repeated calls received from the media and other stakeholders regarding the association’s position on the recent arrests of some member Bureau De Change.
According to a statement seen by The Matrix, Gwadabe while confirming the arrests disclosed that the Executive Council of ABCON has been in communication with the authorities over the development.
“We hereby confirm that some of our members have been invited to answer questions regarding some of their transactions.
The Executive Council of ABCON has been in communication with the authorities over the development and understands that the investigations borders on issues relating to money laundering, terrorism financing and Know Your Customers.
ABCON considers these as serious allegations especially given the security challenges across the country.
We strongly identify with the desire of every patriotic citizen for thorough investigation with the authorities following every possible lead and taking necessary measures that could improve the security situation in the country” the statement said.
Gwadabe however called on the security agencies to expedite actions on the investigations so that innocent members caught in the issue can resume their normal lives while those found culpable will have their day in court.
“We however appeal to the authorities to expedite their work to ensure that innocent people that have been caught in this investigation can be identified quickly and released so that they can return to their anxious families and resume their lives.
We also trust that the authorities will follow the rule of law and ensure that those with a case to answer have their day in court. The rule of law is after all the foundation upon which every functional society stands” the statement added.
The association reiterated that it would “like to assure the public and the government of the willingness of ABCON to cooperate fully with the relevant agencies to ensure that our business is not in any way used or exploited for any form of malpractice or activity that is against the laws of the land and thus undermine the stability of the country”.