A man has reportedly shown up at the Lagos office of EFCC claiming ownership of the N250 million found at the Balogun market, Lagos, on Monday, April 10
The man is claiming the money is proceeds of his trade in the tomatoes business
EFCC gave the breakdown of the money was given to include: €547,730, £21,090 and N5,648,500
Following the controversies rocking the nation over huge amount of cash recovered by the Economic and Financial Crimes Commission (EFCC), a man has reportedly shown up at the Lagos office of anti-graft agency claiming ownership of the N250 million found at the Balogun Market, Lagos, on Monday, April 10.
NAIJ reported that an EFCC source who did not want to be named informed Tribune that “a man came on Wednesday claiming the money belonged to him and that it was the proceeds of his trade in tomatoes.”
“We asked him what business fetched him the money, the man said he deals in bringing tomatoes from the North to sell in Lagos. We asked him why he did not put the money in bank, he said he does not use banks. Meanwhile the money is in bales with bank wrappers bearing stamps dated as recent as 6th April, 2017.
“The man was arrested, his statement taken but has been given an administrative bail as investigations continue,”
The source also said that the money had been deposited with the Central Bank.
As at the time of this report EFCC spokesperson in Lagos, Sammin Amadin, was yet to make a statement.
According to an earlier report, the anti-graft agency got a tip off from a whistle-blower who led operatives to intercept huge sums of money in various currencies at the popular Balogun market in Lagos.
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 interception followed information that about N250 million cash was being moved somewhere in the market for conversion into foreign currencies by unnamed persons.