ABOKI! EFCC Nabs Currency Courier In Lagos Trying to Export $7m Cash To Dubai

Date: 28-09-2012 7:10 pm (10 years ago) | Author: Gwamna Gwamna
[1] 2 3 4 ... 6
- at 28-09-2012 07:10 PM (10 years ago)
(m)
The Economic and Financial Crimes Commission (EFCC) yesterday arrested one Abubakar Tijani Sheriff, whom it described as a bulk currency smuggler, as he attempted to smuggle $7million out of the country.



The EFCC said in a statement today that Sheriff, 24, was arrested at the Murtala Mohammed International Airport in Lagos en route Dubai, United Arab Emirates, as he boarded his flight.

Following his arrest, he declared that he had a total sum of $4.5million on him but thorough screening and search showed that he was actually carrying $7,049,444, the commission said.  Sheriff then confessed that he was a courier for 20 individuals who hired him to courier the money for them to Dubai.

“Investigations by the EFCC showed that Sheriff is a regular traveller and one of several couriers of illegal cash suspected to be proceeds of crime,” the commission adding that his claims concerning his accomplices are being investigated.

Travellers leaving the country are statutorily required to declare cash in excess of $10,000. However, under the provisions of the Money Laundering Act, it is not sufficient to declare excess cash; the onus is on the person making the declaration to explain the source of the excess cash and the reason for the export.

The EFCC noted that globally, bulk cash smuggling is usually associated with proceeds of crime, where legitimately earned funds are processed through the banking system.

“Our experience in the last few years indicates an emerging trend of bulk cash smuggling to Europe, Middle East and North America with the attendant consequence for capital flight. Some Nigerian citizens are routinely arrested at airports in Europe and North American for currency smuggling though no such arrests have been recorded in the Middle East. But in all cases, the money is lost as they are never repatriated back to the country.”

The Commission warned travellers who wish to move bulk cash out of the country to do so through the banking system, or to be prepared to declare it and explain its origin.

Sheriff is being detained at the EFCC’s holding facility in Lagos pending his arraignment in court.

Posted: at 28-09-2012 07:10 PM (10 years ago) | Upcoming
- JalanJalan at 28-09-2012 07:13 PM (10 years ago)
(m)
Dis one na correct 'Nnjo ahia' for Mr. Mallam!!!   
Posted: at 28-09-2012 07:13 PM (10 years ago) | Upcoming
Reply
- JalanJalan at 28-09-2012 07:16 PM (10 years ago)
(m)
Any way sha nothing go happen to him, na Naija we dey!!!! Grin Grin Grin Grin Grin Grin
Posted: at 28-09-2012 07:16 PM (10 years ago) | Upcoming
Reply
- solly22 at 28-09-2012 07:35 PM (10 years ago)
(f)
 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes  Roll Eyes
Posted: at 28-09-2012 07:35 PM (10 years ago) | Upcoming
Reply
- Biafranwar at 28-09-2012 07:42 PM (10 years ago)
(m)
They don't know how to do money courier, they should contact me when next and for sure, I WILL DELIVER
Posted: at 28-09-2012 07:42 PM (10 years ago) | Gistmaniac
Reply
- moniconyez at 28-09-2012 07:56 PM (10 years ago)
(m)

This is My main purpose of dropping this comment to the post where a grama was arrested cos she was trying to make a living, P-U-N-K-A-S-S -MORONS Angry Angry
http://www.gistmania.com/talk/topic,133168.100.html
http://www.gistmania.com/talk/topic,133168.100.html
=========================================================================================
Quote from: moniconyez on 28-09-2012 03:43 PM
No mind those FOOLS plus the NDLEAASS.
Where them dey park All the GBANAA wey them they seize? Angry Of courseThem go still resell am after arrest. Angry
Ministers dey comot from that airport with briefcases and suitcases LOADS of RAW CASH to UK,U.S,GERMANY,FRANCE and others and the so called NACO/Airport Authorities will SALUTE them and walk them direct to tarmac without them been in a queue, checked, or screened, but when they see a comone man who is trying to make a living they will begin show their meaningless power. Angry >:(VAGABONDS


BASTARDS Angry Angry Angry Angry Angry Angry Angry
Posted: at 28-09-2012 07:56 PM (10 years ago) | Hero
Reply
- factfinding at 28-09-2012 07:58 PM (10 years ago)
(m)
They just publish it so that it will looks as if they doing a great job, who are they deceiving, after one month as them where is dollars none of them will give account of it again, they will corner the money  and free the aboki,  Grin Grin Grin
Posted: at 28-09-2012 07:58 PM (10 years ago) | Gistmaniac
Reply
- moniconyez at 28-09-2012 07:59 PM (10 years ago)
(m)
Imagine Comon Aboki Wey No Dey Brush? Chei Angry Angry Angry Angry Angry Angry Angry Angry Angry
Posted: at 28-09-2012 07:59 PM (10 years ago) | Hero
Reply
- Neglito at 28-09-2012 08:11 PM (10 years ago)
(m)
7,000,000 X160=1,120,000,000.00, NO KOBO.
Posted: at 28-09-2012 08:11 PM (10 years ago) | Gistmaniac
Reply
- Ifemylove at 28-09-2012 08:27 PM (10 years ago)
(f)
that is a very huge amount o....wey i dey think of wetin to eat Cry Cry Cry Cry hmmmmm God have mercy on we Nigerians
Posted: at 28-09-2012 08:27 PM (10 years ago) | Gistmaniac
Reply
- Noble12 at 28-09-2012 08:40 PM (10 years ago)
(m)
Chai! Money where u dey?
Posted: at 28-09-2012 08:40 PM (10 years ago) | Gistmaniac
Reply
- micc at 28-09-2012 09:05 PM (10 years ago)
(m)
This is what I call bad market
Posted: at 28-09-2012 09:05 PM (10 years ago) | Hero
Reply
- jamesbondchick at 28-09-2012 09:25 PM (10 years ago)
(f)
I pray make aboki confess the names of him masters,rubbish!

Posted: at 28-09-2012 09:25 PM (10 years ago) | Gistmaniac
Reply
- winace at 28-09-2012 10:30 PM (10 years ago)
(f)
Arrest and jail him. He is working wit naija politician.
Posted: at 28-09-2012 10:30 PM (10 years ago) | Addicted Hero
Reply
- dickman2 at 28-09-2012 10:42 PM (10 years ago)
(m)
oboy see money..
Posted: at 28-09-2012 10:42 PM (10 years ago) | Addicted Hero
Reply
- dickman2 at 28-09-2012 10:45 PM (10 years ago)
(m)
we dey europe here dey sufer,,aboki dey carry 7m dey waka abi..
Posted: at 28-09-2012 10:45 PM (10 years ago) | Addicted Hero
Reply
- dickman2 at 28-09-2012 10:46 PM (10 years ago)
(m)
my oil money..i will stop them from production..
Posted: at 28-09-2012 10:46 PM (10 years ago) | Addicted Hero
Reply
- zoe61 at 28-09-2012 10:52 PM (10 years ago)
(f)
look at the country in a mess and this thieves are still milking it dry
Posted: at 28-09-2012 10:52 PM (10 years ago) | Hero
Reply
- jabanz at 28-09-2012 10:55 PM (10 years ago)
(m)
naija 4 u

Posted: at 28-09-2012 10:55 PM (10 years ago) | Gistmaniac
Reply
- dickman2 at 28-09-2012 11:00 PM (10 years ago)
(m)
abokis don finish nigeria..
Posted: at 28-09-2012 11:00 PM (10 years ago) | Addicted Hero
Reply
[1] 2 3 4 ... 6

fire TRENDING GISTS fire

TODAY'S TOP
  1. Odeshi! - Benin Boys Stand Their Ground As Police Fire Gunshots At Them (VIDEO)

  2. ‘Jagaban Army’ Is APC's Plan To Use Thugs, To Cause Havoc During Elections – Ologbondiyan

  3. Woman Lied About Having Cancer And Tumor, Raised $37,000 On GoFundMe

  4. Yahoo Boys Are Now Targeting Nigerians Because we All Encouraged Them - OAP N6

  5. Senate Gives Minister, Isa Pantami 48 Hours To Account For N13billion Collected In Three Years

  6. Manuela Botey Makes History, Becomes First Female Prime Minister of Equatorial Guinea

  7. Man Raises Alarm After $11000 Mysteriously Disappeared from his Account

  8. Tanzanian Student Sentenced To Three Years Imprisonment For Torturing Her Friend Over Boyfriend

  9. Nigerian Caregiver Charged With Murder Over Death Of 75-year-old Man In US

  10. No Come Lekki - Portable Warns TG Omori During Instagram Live

  11. Court Orders Arrest of Kano APC Chairman Abbas Over Threat, Utterances

  12. Gunmen Attack INEC Office, Police Station, Residential Building In Anambra

  13. 2023 Elections: US Favours No Candidate - Envoy Declares


THIS WEEK
  1. Primate Ayodele Warns Tinubu, Atiku, Peter Obi On Impending Crisis After Winner Is Declared

  2. "Why I Prefer Tinubu To Atiku" — Ex Enugu Gov. Chimaroke Nnamani

  3. “I’m Not A Politician But A Footballer”- Kanu Nwankwo Denies Endorsing Tinubu (Video)

  4. Singer Yemi Alade Marries Her Longtime Manager, Taiye Aliyu In A Private Ceremony (Video)

  5. Tinubu Suffers Another Gaffe, Calls Atiku Governor of Anambra State (Video)

  6. VID/PICS: Massive Crowd At Peter Obi's Rally In Borno State

  7. Osun Light Shall Never Go Dim - Atiku Reacts To Adeleke's Sack

  8. That Boy That Calls Himself Governor - Tinubu Mocks Udom Emmanuel In Uyo

  9. Tinubu Blasted After He Says Peter Obi Denied Jesus Christ Three Times In The Bible

  10. Nigerian Actress, Ini Edo Reveals Why ‘Shanty Town’ Has So Much N*dity


TOP MEMBERS: