Just In: Whistle blowing, EFCC uncovers another massive stash of monies in Ikoyi

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  • Uncovers more than 15 billion Naira

[Lagos]–The Economic and Financial Crimes Commission has announced yet another discovery of massive stash of monies in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi, Lagos.

The commission made this revelation few minutes ago in a release through their official twitter account.

“The whistle blowing policy of the Federal Government is paying off positively as the Economic and Financial Crimes Commission today stormed a residential building in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi, Lagos, where a humongous find of foreign currencies and Naira notes to the tune of $43.4m, £27,800 and N23.2m was uncovered.” The release reads.

According to the commission, the operation followed a whistle blower’s confidential alert received by the Commission’s Lagos office this morning regarding some noticed suspicious movement of bags in and out of a particular apartment in the building disguised as bags of cloths.

“Another source who is conversant with the apartment of interest indicated that some woman usually appeared on different occassion with Ghana Must Go bags. ” She comes looking haggard, with dirty clothes but her skin didn’t quite match her outward appearance, perhaps a disguise”, the source said.

“On getting to the building, operatives met the entrance door locked. Inquiries from the guards at the gate explained that nobody resides in the apartment, but some persons come in and out once in a while. In compliance with the magisterial order contained in the warrant, the EFCC used minimum force to gain entrance into the apartment.

“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 cabinents 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.”

Initial investigation by the commission reveals that the funds are suspected to be proceeds of some illegal activities.

The facility is said to be owned by Osborne Towers Resident Association and the commission concluded that investigations are still ongoing.




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