By Rita Elenwo
The Economic and Financial Crimes Commission (EFCC) has officially debunked the rumours surrounding some counterfeit documents titled “Arrest Warrant Processing” and “Loan Fraud Escalation.”
According to the EFCC, various loan companies disseminated the information, claiming that they originated from the EFCC commissioner’s office with an alleged intention of intimidating individuals into repaying their loans.
Debunking the false news via the Commission’s X handle on Friday, October 20, the commission wrote: “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.”
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