The Abuja Zonal Command of the Economic and Financial Crimes Commission (EFCC) apprehended two individuals suspected of engaging in money racketeering.
This is contained in a statement by the EFCC spokesman, Dele Oyewale.
According to the statement, the suspects, Adigun Johnson, an Ordinary National Diploma graduate of Public Administration and James Friday, an artisan were arrested at a nightclub in Wuse Area of Abuja.
Oyewale said that the arrest followed surveillance and intelligence by operatives of the EFCC on currency abuse and mutilation.
The suspects were arrested with the sum of N3,480,000.00 in their possession and three Point of Sale, POS, machines which they allegedly used to carry out their activities.
The EFCC spokesman said that the suspects would be charged to court as soon as investigations were concluded.