Detained BDC Port Harcourt Chairman Blames Banks, Government for Dollar Rise

The Chairman of Bureau De Change Operators in Port Harcourt, Sani Issaka, says banks and Aboki forex operators are to blame for the rise in the dollar rate. Mr Issaka who spoke to our correspondent from his detention also claimed that over 150 of his members, including himself, were arrested by EFCC operatives yesterday.

Also, some Bureau De Change operators said the government is responsible for the rising dollar rate. They also advised the government to reconsider its economic policies.

Recall that on Wednesday Operatives of the Economic and Financial Crimes Commission, EFCC, and the police raided some Bureau De Change operators’ outlets in GRA and Rumuola axis of Port Harcourt. 

Our reporters who witnessed this, reports that the EFCC operatives who wore red jackets, were heavily armed and came in about six vans and a bus. Some BDC operators were taken into the vans. The EFCC is yet to speak on this.