EFCC ‘uncovers N4bn’ in two accounts, owner on the run

EFCC ‘uncovers N4bn’ in two accounts, owner on the run

EFCC ‘uncovers N4bn’ in two accounts, owner on the run

The Economic and Financial Crimes Commission (EFCC) on Tuesday said it has uncovered N4bn courtesy of a tip-off by a whistleblower.

The N4 billion found in two bank accounts are suspected to be proceeds of crime, says the anti-graft agency.

The funds are said to belong to a former deputy governorship candidate in Niger state.

The yet-to-be-identified owner reportedly used Katah Property & Investment Limited and Sadiq Air Travel Agency to launder the funds.

Both companies have N2 billion fixed in their respective deposit accounts in Guaranty Trust Bank.

According to the anti-graft agency, the suspected owner of the account and the account officer are currently on the run.

Source @thecableng
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