Few days after the recovery of raw cash in an abandoned shop in Lagos, the Economic and Financial Crime Commission made another discovery of N250million in popular Balogun market in Lagos State.
The sum of N250 million discovered on Monday 10th of April, like the previous recovery, was owned by an anonymous person who is believed to be a top figure residing in the Northern part of Nigeria.
The EFCC through its spokesperson, Wilson Uwajeren, in a statement disclosed that the recovery was as a result of a whistleblower tipoff.
According to the statement, the recovered sum was to be changed into foreign currencies in the market in Lagos.
The statement released gave analysis of the money to be changed as: €547,730, N5,648,500 and £21,090.
The statement said:
“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.