The Gombe Zonal Commander of the Economic and Financial Crimes Commission, EFCC Babashani Umar Sanda has charged operators and agents of Point of Sale, POS, in the Zone to strictly comply with all extant laws in the discharge of their duties as failure to do so will attract severe sanctions.
Babashani gave the charge on Wednesday 15th September, 2021 in Gombe, when he received in audience Abdulrahman Aliyu, the Chairman of Gombe State Association of Mobile Money and Bank Agents, and members of his association.
“We invited you here to have a discussion regarding an emerging and dangerous trend, where many fraudulent individuals are resorting to the usage of POS to defraud or withdraw proceeds of their nefarious activities.
“The law is very clear on the usage of POS terminals and CBN has its guidelines and regulations also, but to us, Section 37 (2) of the Cybercrimes (Prohibition, Prevention, Etc.) Act is sacrosanct as that has to do with one of the most important factors in your operations which is KYC,” he said.
The Zonal Commander regretted the absence of record keeping by agents and operators of POS terminals, saying that sometimes it makes tracing of fraudsters cumbersome and the operators end up being victims and paying for crimes they know nothing about.
Responding, the Chairman of Association of Mobile Money and Bank Agents, Abdulrahman Aliyu assured of his organization’s commitment in meeting up with requirements demanded by law but regretted that some illegal operators were giving them bad name.