The Economic and Financial Crimes
Commission, yesterday discovered another large sum of money in a house in Ikoyi, Lagos.
Read the statement about the recovery from EFCC below….
“EFCC Uncovers Another Massive Stash of Monies In Ikoyi
The whistle blowing policy of the
Federal Government is paying off
positively as the Economic and
Financial Crimes Commission today stormed a residential building in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi, Lagos, where a humongous find of foreign
currencies and Naira notes to the
tune of $43.4m, £27,800 and N23.2m was uncovered.
The operation followed a whistle
blower’s confidential alert received by the Commission’s Lagos office this morning regarding some noticed
suspicious movement of bags in and out of a particular apartment in the building. According to the source, the movers of the bags, make believe that they bring in bags of clothes.
Another source who is conversant
with the apartment of interest
indicated that some woman usually appeared on different occassion with Ghana Must Go bags. ” She comes looking haggard, with dirty clothes
but her skin didn’t quite match her outward appearance, perhaps a disguise”, the source said.
On getting to the building, operatives met the entrance door locked.
Inquiries from the guards at the gate explained that nobody resides in the apartment, but some persons come in and out once in a while. In compliance with the magisterial order contained in the warrant, the
EFCC used minimum force to gain
entrance into the apartment.
Monies were found in two of the four bedroom apartment. Further probe of the wardrobe by operatives in one of the rooms, was found to be warehousing three fire proof cabinents disguisedly hidden behind
wooden panels of the wardrobe.
Upon assessing the content of the
cabinets, neatly arranged US Dollars, Pound Sterling and some Naira notes in sealed wrappers.
Preliminary findings indicate that the funds are suspected to be proceeds of unlawful activity.
The facility is said to be owned by
Osborne Towers Resident
Association. Investigations are ongoing.”
