IGP orders probe of N22m bitcoin extortion by policemen

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The Police on Monday launched a probe into the alleged extortion of N22million worth of Bitcoin by some policemen in Lagos.

IGP orders probe of alleged extortion of N22m Bitcoin by police in Lagos


Inspector-General of Police, (IGP) Usman Baba, set up a Special Investigation Panel to carry out a discreet and transparent investigation into the allegation

Force Public Relations Officer, Frank Mba, a Commissioner of Police, said the probe followed a 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”.

The statement added that the personnel named in the report have been ordered to report to the panel at the Force Headquarters in Abuja on Tuesday.

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