FCCPC Freezes 30 Bank Accounts

The Federal Competition and Consumer Protection Commission, FCCPC, has frozen at least 30 bank accounts operated by illegal loan organizations.

Vice Chairman of the Commission, Babatunde Irukera, disclosed this to newsmen in Abuja on Tuesday.

Irukera said the commission had engaged app stores to take down some loan applications from their stores.

The vice chairman noted that the commission was currently engaging three major loan companies whose businesses had been affected by its raid.