The Economic and Financial Crimes Commission, EFCC, on Tuesday, discovered a staggering sum of N4billion suspected to be proceeds of crime following a tip-off by a whistle blower.
According to EFCC Head of Media, Wilson Uwujaren, investigations as to the owner of the funds revealed that the money belongs to a former deputy governorship candidate in Niger State.
He said the suspect uses the names of two companies– Katah Property & Investment Limited and Sadiq Air Travel Agency- in laundering the funds.
Each of the company has N2billion fixed in its deposit account domiciled in Guaranty Trust Bank.
The suspected owner of the account and the account officer are currently on the run.
Prompt News Online recalls that the anti-graft agency on Saturday discovered about N500 million kept in a Lagos plaza.
Also, on Monday, the agency uncovered huge sum of money in foreign currencies – €547, 730 and £21,090 in a Lagos market.
