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EFCC discovers N.5bn cash hidden in Shopping plaza (Photos, Videos)
The Economic and Financial Crimes Commission, Lagos zone, on Friday evening uncovered another large sum of cash to the tune of about N448,850,000
The discovery suspected to be laundered money was found in a shop at LEGICO Shopping Plaza, Ahmadu Bello Way, Victoria Island, Lagos.
It was stashed in several Ghana Must Go bags in N500 and N1000 denominations, hidden in a shop awaiting conversion into foreign currency.
Relying on information provided by a concerned whistle blower, operatives of the Commision swooped on the shopping complex and sought the identity of the owners of two shops, LS 64 and LS 67 which were under locks and keys.
Read also: PDP woes linger as Sheriff storms out of Jonathan’s peace meeting
The shops had signages of Bureau de Change. Inquries about the owner of shop 64 indicated he had not been seen for a long time, as they claimed the shop had not been opened for businesss for close to two years.
According to the anti-graft agency, several calls were put to the owner of shop 67 but there was no response.
The attention of the plaza’s chairman and some traders were drawn in order to force the shops open.
EFCC confirmed there was no money found in shop 67, but in shop 64, heaps of “Ghana Must Go” bags were found loaded on the floor of the shop.
When the bags were unzipped they were found to contain bundles of naira notes totalling N448,850,000.
Traders interviewed at the premises claimed they were not aware such money was housed in there, as the place hardly opens for business.
The Commission said it is investigating the matter in order to unravel the owner and source of the money.
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Balarabe musa
April 8, 2017 at 11:19 am
Baba Buhari has done so much good for this country. If it were to be under pdp, such money won’t be discovered. Everyone is afraid now of where to even keep the fund they have stolen and being confused always dumped them where nemesis will catch up with them. Sai Baba Buhari ride on.
yanju omotodun
April 8, 2017 at 11:32 am
Well truly without sentiment, Buhari really tried in the area of fighting corruption and lots of money have been recovered. But we want feasible development especially make life comfortable for all. The rich are still the same people enjoying the country.
seyi jelili
April 8, 2017 at 11:48 am
The EFCC is now really doing what it was meant to do since the time of creation. Obj only created it to witch hunt political rivals. But Buhari is using it to recover stolen funds. I am happy with his fight against corruption.
Roland Uchendu Pele
April 8, 2017 at 12:40 pm
The other cash discovered at the Kaduna Airport has been forgotten. Nothing has been said about it. EFCC keeps raising alarms and not do anything to the offenders. Or s it that nobody claimed ownership of the money?