The Nigeria Police Force National Cyber Crime Centre has arrested at least 16 suspects for financial fraud against a leading African digital commerce platform, Interswitch Limited.
The sum of N3.9bn cash and property had so far been recovered from the suspects, with ongoing efforts to recover more.
Reading out the achievements of the police at the Strategic Communications Interagency Policy Committee joint press briefing in Abuja on Monday, the arrest and recovery was made following a petition from Interswitch Limited regarding a glitch on its financial portal.
Eight of the suspects had been convicted.
