Tuesday 11 April 2017

EFCC recovers another N250m in Lagos market

The Economic and Financial Crimes Commission (EFCC) yesterday recovered another N250 million at the popular Balogun market in Lagos.

This recovery came barely three days after
the commission recovered N449 million at an
abandoned bureau de change on Victoria
Island, Lagos.

EFCC spokesman, Wilson Uwujaren,
said the discovery followed a tip-off from a whistle-blower.

The intercepted money, according to Uwajaren
include 547,730 Euros, 21,090 pounds and
N5,648,500 about N250 million at the
prevailing exchange rate at the parallel
market.

EFCC spokesman said two suspects were assisting the
commission in its investigation.

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