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IGP orders investigation into N22m Bitcoin extortion

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IGP Alkali Baba Usman has ordered investigation into N22m Bitcoin extortion Intelligence Response Team Eid-El-Kabir Security Police Trust Fund Budget Abuja bombs
  • Assures discreet and transparent investigations

The Nigeria Police Force on Monday began investigations into alleged professional misconduct, abuse of office and extortion of N22 million worth of Bitcoin from some citizens in Lagos State, levelled against a Deputy Superintendent of Police, Nwawe Cordelia and others, serving at the Force Criminal Investigations Department (FCID), Alagbon, Lagos.

This follows the setting up of a Special Investigation Panel by the Inspector General of Police, IGP Usman Alkali Baba to carryout a discreet and transparent investigation into the allegation, police spokesperson, Frank Mba said in a statement.

This development has become imperative following the report making the rounds in the media alleging the involvement of the officers in the extortion of Twenty-Two Million Naira worth of Bitcoin from two young Nigerians, Morakinyo Tobiloba Peter and Yusuf Samson Dayo at gunpoint on July 14, 2021 while driving along the Ikoyi/Ajah Expressway, Lagos State.

Consequently, DSP Cordelia and the other Police personnel allegedly indicted in the report, have been ordered to report to the Special Investigation Panel, Force Headquarters, Abuja, on Tuesday, 21st December, 2021 to answer to the allegations against them.

The Special Investigation Panel is headed by DCP Olaolu Adegbite, MFR, of the Force Intelligence Bureau (FIB).

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DCP Adegbite holds a Masters Degree in Philology (Russian Language) from the Pushkin Institute, Moscow, Russia, and is an alumnus of the FBI National Academy, Quantico, Virginia, USA.

DCP Adegbite, a member of the Order of the Federal Republic of Nigeria (MFR), was a pioneer investigator with the Economic and Financial Crimes Commission (EFCC) where he rose to be Director of Operations (2012-2015).

An experienced and detailed investigator, he is expected to bring his vast knowledge in investigating corruption-related cases to bear in resolving this case.

The Force advices any member of the public who has had similar experiences of high-handedness or extortion by the officers in question, her team or any other officer at the FCID Alagbon to come forward with detailed information to enable the panel achieve a wholistic investigation.

Meanwhile, it is vital to state that the alleged actions of the Police Officers in question do not represent the standards and practices of the Nigeria Police Force and as such any officer found wanting will be visited with the full wrath of the law.

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Members of the public are enjoined to remain calm as the Force will provide timely updates and make the outcome of the investigation public.

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