Nigeria In One Minute
How currency dealers exposed Atiku’s men in money laundering spree —EFCC
The arrest of key allies of the presidential candidate of Peoples Democratic Party, PDP, Atiku Abubakar, was triggered by the recovery of huge foreign currency worth hundreds of millions of naira from dealers by operatives of Economic and Financial Crimes Commission, EFCC, in Abuja and Lagos, Vanguard learned last night.
The arrest of Uyi Giwa Osagie, Babalele Abdullahi and other confidants of the former vice president followed covert operations conducted by operatives of EFCC in major towns in the country, ahead of the presidential and National Assembly elections apparently to prevent vote-buying and influence peddling by politicians, according to EFCC sources.
But the first batch of $1.6 million cash that put the Atiku’s men into trouble was reportedly taken from Abuja to a market on Lagos Island and dropped with a popular Bureau de Change, BDC, dealer from the northern part of the country.
Vanguard, Wednesday 6, March
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