Rent warning

Written by on July 8, 2022

Fifteen-year jail threat on landlords for renting homes for Yahoo boys may end up an EFCC grandstanding

On an E-flier on Twitter, the Economic and Financial Crimes Commission (EFCC) threw a warning to landlords. If anyone rents a home to partisans of the advance fee fraud community, often called Yahoo Boys, they will risk 15 years in jail.

The heart of the agency may be in the right place, and so is the law. But it is tricky to execute.

It is not as easy for a landlord to know if a prospective tenant is a Yahoo Boy simply by following due process. EFCC’s deputy director, legal and prosecution, Sylvanus Tahir, and assistant director, legal and prosecution, Cosmos Ugwu,  have harped on the exigency of landlords to rise up to the challenge. They insist it is in the collective interest of landlords, caretakers to do due diligence or else they would fall guilty of extant laws.

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