Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission (EFCC) has denied issuing any arrest warrant for loan companies to go after their purported defaulters.
The agency said that in a post shared on X platform (formerly Twitter), describing the viral documents as false as they did not emanate from the commission.
In posts labelled “Arrest Warrant Processing” and “Loan Fraud Escalation,” the EFCC cautioned lending businesses not to disengage from such fraudulent engagements because the EFCC would go to any length to bring them to justice.
The post reads “The attention of the Economic and Financial Crimes Commission, EFCC, has been drawn to some contrived documents on “Arrest Warrant Processing”, “Loan Fraud Escalation” and others, being circulated by some loan companies, purportedly issued by the Commission against loan defaulters.
“Authors of such documents are falsely linking their threats against loan defaulters to the Commission. The public is enjoined to be wary of such claims. As a rule, the EFCC does not issue arrest warrants 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.”