Again, a whistle blower on Tuesday led the Economic and Financial Crimes Commission to a staggering sum of N4 billion suspected to be proceeds of corruption.
The commission disclosed this in a Facebook post on Tuesday evening.
However, the EFCC did not state where and how the latest discovery was made.
It said investigations revealed that the money belonged to a former deputy governorship candidate in Niger State.
The Commission said: “The suspect uses the names of two companies – Katah Property & Investment Limited, and Sadiq Air Travel Agency – in laundering the funds.
“Each of the company has N2 billion fixed in its deposit account domiciled in Guaranty Trust Bank.
“The suspected owner of the account and the account officer are currently on the run.”
The EFCC on Monday intercepted huge sums of money in various currencies totalling about N250 million at the popular Balogun Market in Lagos.
According to its spokesman, Wilson Uwujaren, the discovery followed information from a whistle blower that the money was being moved somewhere in the market for conversion into foreign currencies by unnamed persons.
The April 10 episode came barely three days after the commission recovered N449 million at an abandoned Bureau De Change office at the popular Logic shopping complex in Victoria Island, Lagos.
Similarly, a tip-off by a whistle blower also led to the discovery of N49 million in crispy notes of N200 and N50 abandoned at the Kaduna International Airport on March 13.
Trending
- Tinubu appoints renowned banker Jim Ovia as Chair of NELFUND
- Yahaya Bello: EFCC boss Olukoyede to face criminal trial for contempt of court
- President Tinubu appoint CEOs for two agencies
- Breaking: Veteran Yoruba actor, Ogunjimi is dead
- EX-PRESIDENT BUHARI MOURNS DEMISE OF SIDI ALI, DR. BAFFA YO
- Japa Crises: 58,000 of 130,000 registered doctors renewed licence, says MDCN
- 34-Km Ikorodu-Itokin Road Reconstruction: Gov Sanwo-Olu, Senator Abiru Pay Thank You Visit To Works Minister, Umahi, Make Case For Road Dualisation
- Yahaya Bello: EFCC Chairman’s conduct suggest vendetta, not fight against corruption – Concerned APC chieftains