Loan sharks: EFCC Talks tough, caution companies threatening defaulters with fake EFCC arrest warrant

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Loan sharks: EFCC Talks tough, caution companies threatening defaulters with fake EFCC arrest warrant
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The Economic and Financial Crimes Commission has cautioned loan companies against threatening their defaulters with arrest warrants purportedly issued by the Commission.The Economic and Financial Crimes Commission has cautioned loan companies against threatening their defaulters with arrest warrants purportedly issued by the Commission.

According to Oyewale, the authors of such documents are falsely linking their threats against loan defaulters to the Commission, calling on the public to be wary of such claims as the EFCC does not issue arrest warrant on loan defaulters. “Loan companies linking the Commission to their loan recovery efforts should desist from such fraudulent engagements as the EFCC may stop at nothing to bring them to book.”

President Bola Tinubu has approved a partial waiver of the "No Work, No Pay" order on striking members of the Academic Staff Union of Universities and ordered the release of four months of withheld salary.A group of lawyers known as the Judiciary Integrity Defenders , led by Tijani Ahmed, has condemned the alleged malicious attack on three members of the Court of Appeal panel by Dr.

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