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Commission Freezes Over 30 Accounts Of Illegal Loan Sharks
['African Examiner']
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Commission Freezes Over 30 Accounts Of Illegal Loan Sharks(AFRICAN EXAMINER) – The Federal Competition and Consumer Protection Commission (FCCPC), says it has frozen no fewer than 30 bank accounts operated by illegal loan organisations.
He said that the Commission was currently engaging three major loan companies which businesses had been affected by the Commission’s raid.
“The day we conducted the raid, we have some limited information about the bank accounts that some of the loan companies operated.
“All the bank accounts that were provided were immediately blocked but these companies operate multiple bank accounts with multiple names.
“Between the time we raided and now, we have discovered additional 30 accounts and all have been frozen and we will continue to freeze as we discover them.
['loan'
'multiple'
'media'
'bank'
'companies'
'sharks'
'stores'
'freezes'
'illegal'
'major'
'commission'
'30'
'accounts']