EFCC: LANDLORDS RENT YOUR HOUSE TO YAHOO BOYS AND FACE 15 YEARS JAIL TERM

The Economic Financial Commission Commission (EFCC) has issued a stern warning that landlords may risk 15 years in jail for renting houses out to “Yahoo boys.”

The Commission made this known ahead of its next edition of its public conversation series tagged, “ #EFCCConnect,” which has been slated to be held by 6pm on Twitter Space on Wednesday, June 29th 2022. The commission’s Deputy Director, Legal and Prosecution, Sylvanus Tahir and Assistant Director, Legal and Prosecution, Cosmos Ugwu will be speaking on the topic, “Give your house to Yahoo boys, spend 15 years in jail” at the forum.

EFCC Zonal Commander, Michael Nzekwe expressed concern about what he described as the “cold complicity by hospitality entrepreneurs.” Mr Nzekwe accused some of the hotel owners of working with suspected fraudsters by housing them over a long period and making internet facilities available. The official stated that the act negates Section 3 of the Advance Fee Fraud and Other Fraud Related Offenses Act, 2006. He said, “The section provides for a prison term of between five and 15 years without option of fine for any person who permits his premises to be used for any offense under the Act.”

Well, does it mean house owners should start scrutinizing people, maybe do their own check on customers before they can give out their houses for rent? Won't this create insecurity on clients and scare them away from doing business?


For more gists and info kindly visit

Wilsonchnns.blosgspot.com

Whatsapp: 08105200131

Comments

Popular posts from this blog

Funke Akindele throws husband out of the house

Laws of Life

Life in the Mirror