The Economic and Financial Crimes Commission, EFCC, has dismissed the speculations that it issues arrest warrant on loan defaulters.
This came at the wake of 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.
EFCC Head, Media and Publicity, Dele Oyewala who disclosed this in a statement on Friday said Authors of such documents were falsely linking their threats against loan defaulters to the Commission.
He, therefore urged the public to be wary of such claims.
According to him, “As a rule, the EFCC does not issue arrest warrant 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 bringing them to book. “
