The Nigeria Police Force has issued a stern warning to Point of Sale (POS) operators, urging them to be mindful of the risks associated with processing large transactions that could be linked to criminal activities, particularly kidnappings.
This follows the arrest of a POS operator who allegedly received ₦4,000,000 on behalf of kidnappers.
In a statement, the Police Public Relations Officer, SP Bright Safe, emphasised the dangers of handling transactions exceeding ₦500,000. He cautioned that POS operators could unknowingly become accomplices in ransom collection, jeopardising both their business and personal freedom.
“My message to POS operators is clear: any transaction above ₦500,000 can get you into serious trouble. Don’t be a tool for kidnappers to collect ransom, as such transactions must be traced back to you,” SP Safe said.
The officer cited the recent case in which the arrested operator facilitated the transfer of ₦4 million to kidnappers, earning just ₦40,000 as her commission.
“She received ₦4,000,000 from kidnappers, and her profit was just ₦40,000.
“Can you imagine? Be wise. You may argue that you are just doing business, but before your lawyer gets you out, you may spend some time cooling off in prison.”
The Police have urged POS operators to exercise caution and diligence when handling large sums, warning that failing to do so could lead to serious legal repercussions.
This latest arrest highlights growing concerns over the role of financial networks, including POS operators, in facilitating ransom payments for kidnappings.
Law enforcement agencies are now stepping up efforts to clamp down on such illicit financial channels.