Companies threatening defaulters with a bogus EFCC arrest warrant are being warned by the EFCC about loan sharks.

Companies threatening defaulters with a bogus EFCC arrest warrant are being warned by the EFCC about loan sharks.
Loan businesses have been warned by the Economic and Financial Crimes Commission (EFCC) not to threaten its defaulters with arrest orders that were ostensibly issued by the Commission.


The agency stated that it will do all it took to bring them to justice in a statement released in Abuja by its spokesman, Dele Oyewale.


Oyewale warns the public to be aware of such allegations because the EFCC does not issue arrest warrants on loan defaulters, claiming that the authors of such publications are wrongly attributing their threats against loan defaulters to the Commission.


The commission's attention has been attracted to several fabricated documents on "Arrest Warrant Processing," "Loan Fraud Escalation," and other topics that are ostensibly issued by the Commission against loan defaulters but are actually being distributed by some loan businesses.


Loan businesses who link the Commission to their loan recovery activities should avoid doing so because the EFCC would stop at nothing to hold them accountable.

Start a discussion

Previous Post Next Post

نموذج الاتصال