NLNG Corporate Teamwork banner First bank FinTech summit Fidelity bank card banner Emerald Energy Institute Camano banner

BREAKING NEWS: EFCC impounds N250m in Lagos market, nabs 2 suspects

By News Express on 10/04/2017

Gmail icon

Views: 1,756

•Part of the millions impounded in Balogun Market in Lagos by EFCC.
•Part of the millions impounded in Balogun Market in Lagos by EFCC.

A tip from a whistle blower today led operatives of the Economic and Financial Crimes Commission (EFCC) to intercept huge sums of money in various currencies at the popular Balogun Market in Lagos.

The interception was announced minutes ago (around 9pm) by EFCC Head Media & Publicity Wilson Uwujaren.

He said in a statement: “The monies include €547,730 and £21,090 as well as N5,648,500. The total haul is about N250m at the prevailing exchange rate at the parallel market.

“The intercept followed information that about N250 million cash was being moved somewhere in the market for conversion into foreign currencies by unnamed persons. Operatives responded timely, met the money in Bureau de Change office, but a large chunk of it had been converted into Euro and Pounds sterling.

“The BDC operators found in possession of the monies claimed they were acting on behalf of their boss who sent the money to them from one of the Northern states in Nigeria.

“Two persons apprehended in the course of the raid are helping the Commission in its investigation.”

Source News Express

Posted 10/04/2017 9:15:09 PM

 

 

CLASSIFIED ADS

 

You may also like...
Police nab kidnappers during ransom negotiation, rescue victim...

SSS nabs suspected sponsor of 486 Boko Haram...

Anambra, private developer sign agreement to build 5,000...

Wike’s descent into fascism, an evil foretold —...

OAU students flee hostels as cultists write to...

Kogi Govt. to recruit new doctors after mass...

45 Boko Haram members sent to jail •468...

NCC projects further growth in telecoms industry, pledges...

Lawyer petitions US Government, seeks sanctions for discrimination...

Defections: Akwa Ibom PDP accuses APC of forging...

Heavy gunfire as fighter jets, ground troops battle...

Tsav appeals to Buhari, IGP to intervene in...

 

Latest News Why we can’t make public asset declarations of President, others — CCB Fear grips students as killers lay siege to Otuoke Varsity Notorious kidnapper, 16 others nabbed in Plateau Ihedioha, Okorocha in pension figure battle 3 fake journalists arrested in National Assembly trying to extort Petroleum Minister Sanwo-Olu, Okonkwo parley ASPAMDA, Trade Fair market leaders on infrastructure development Senate investigates N2.5bn NDDC contract inflation Magodo collapsed building: Lagos Govt marks over 100 houses for demolition Buhari orders forensic audit of NDDC operations from 2001 Oyo Governor unveils details of state security architecture •Set to launch vigilante services 35 killed in Saudi Arabia bus crash Delta NLC suspends minimum wage strike

 

Most Read NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (551,291 views) Nigerian female sex addict opens up, says ‘I like it with both men and women’ (447,482 views) Shameless Genevieve Nnaji exposes breasts in public (395,050 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (330,828 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (299,084 views) 10 cars more expensive than Jets (264,723 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (256,144 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (253,445 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (234,935 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (221,126 views) Lagos plane crash: Journalist releases victims’ names (198,624 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (195,836 views)

 

CBN milk production

CBN banner advert

UBA Wise Savers Promo

 

Categories Advertorials (3) African Press Organisation (81) Art & Literature (105) Business & Economy (4,498) Business Verdict (85) Columnists (1,130) Complaints & Requests (96) Enterprise & Opportunities (217) Entertainment (690) Features (833) Global Business Monitor (466) ICT Monitor (66) International (4,086) Interview (204) Live Commentary (30) Love Matters (174) Maggie's Blog (448) News (52,761) Opinion (1,396) Pidgin (17) Politics (11,582) Religion (1,111) Sports (2,196) Stock Watch (39) AMA & Al Jazeera Global Update

 

 

 

 

 

 

APO Group Partner

 

 

CLASSIFIED ADS

GOCOP Accredited Member

GOCOP Accredited member

 

 

Africa Media Agency and Al Jazeera