EFCC Head of Northwest zone, cautioned POS operators to be very vigilante

The zonal head of the EFCC, northwest zone, Mr Bawa Usman Kaltingo has cautioned POS operators to be very vigilante of fraudsters to safeguards their business.
He stated this at a meeting with the Association of POS operators in Sokoto state.
The zonal head noted that although the pos operators are operating a genuine business most of them are lacking the needed business orientation to safeguards their business.
Bawa Usman
Explained that for any financial transaction there are regulations apart from the ones that affects the central bank,there are money laundering act that is aimed at sanitizing the financial environment which the pos operators must adheres to .
He said most of the time, they receives fraudulent cases that were connected with Pos operators.
The EFCC Zonal head advised them to always ask those that come for pos to produce their National ID card,driving license or international passport.

Nasir Malali

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