A week ago, the whistle blowing policy of the Federal Government led the Economic and Financial Crimes Commission to storm a
residential building in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi,
Lagos, where a 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 regarding suspicious movement of bags in and out of a particular apartment in the building. 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 cabinets 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.
Although there has been back and forth on who allegedly owns the money, the NIA and the Rivers state government, the EFCC today
revealed that a court has ruled that whoever has reasons why the recent money stash should not be forfeited to the FG should stand before it on May 5.
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