[Photos Inside] Money Laundering: EFCC Arrests Two With $238, 858

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at 8-11-2012 06:36PM (7 years ago)

(2444 | Gistmaniac) (m)

The Economic and Financial Crimes Commission, EFCC has arrested two suspects over an attempt to smuggle more than $238,858 ( two hundred and thirty eight thousand, eight hundred and fifty eight United States Dollars) out of the country through the Nnamdi Azikiwe International Airport, Abuja.



One of the suspects, Abdulrasheed Ibrahim was nabbed on Wednesday November 7 as he prepared to board a Dubai, the United Arab Emirates bound Ethiopian Airline. A total of $188,858 (one hundred and eighty eight thousand, eight hundred and fifty eight United States Dollars) was found on him. He had declared the sum of forty five thousand USD ($45,000) only for a search on him to reveal additional $143, 858.



Further search reveal that he was carrying forty British Pounds and 5753grams of solid gold worth thirty four million five hundred and eighteen thousand naira (N34, 518,000).

The suspect is still being interrogated

The second suspect, Hyginus Ezedimbu was apprehended at the Nnamdi Azikiwe International Airport on November 3 as he prepared to board an Ethiopian Airline on his way to China. He was caught with $50,000 but he declared $49,971. Apart from under declaring the money in his possession, Ezedimbu could also not explain the ownership of the money, nor was he able to produce the receipt with which he purportedly purchased the forex from a Bureau De Change. Musa Adamu operator of Majia Bureau de Change, Abuja, who purportedly sold the currency to Ezedimbu has been questioned even as the suspect has been release on administrative bail, pending the conclusion of investigation.

The arrest of the duo comes on the heels of similar arrests at two of the nation’s other major gateway, the Murtala Mohammed International Airport, Lagos and the Mallam Aminu Kano Airport, Kano.

Abubakar Tijani Sheriff, who has since been convicted by a Federal High Court in Lagos, was arrested on September 27, 2012 at the Murtala Mohammed International Airport en route Dubai, United Arab Emirates for attempting to smuggle $7million out of the country.

When he was arrested, he declared that he had only $4.5million on him but thorough search showed that he was actually carrying $7,049,444 (Seven million, Forty Nine Thousand, Four Hundred and Forty Four United States Dollars).

Two days after Sheriff’s arrest, the anti-graft agency similarly apprehended one Nkem Sebastian for attempting to smuggle $286,000 out of the country. He was arrested as he prepared to board a plane for Dubai, the United Emirates en route China. When the money was discovered, Sebastian disclosed that he had only $200,000 on him. But a search revealed that he was actually carrying $286,000.

On Sunday, September 30, 2012 operatives of the Commission arrested one Alhaji Tasiu Ilu Kura, a businessman with $700,000 (about N112m) at the Mallam Aminu Kano International Airport, Kano. The suspect who hails from Kura Local Government in Kano State, was arrested en route Dubai, United Arab Emirates.

Under declaring cash at entry and exit points in the country are criminal offence and the person making the declaration risk losing 25 percent of the money not declared or a two year jail term; or both.


Neglito at 8-11-2012 07:04PM (7 years ago)
(4190 | Gistmaniac) (m)

You (EFCC) guys should leave traders alone and concentrate on Politicians and senior government workers.
Reply
Senegal at 8-11-2012 07:08PM (7 years ago)
(10197 | Hero) (m)

Nigerian security operatives are only good at arresting people with cash , if they are this good in arresting boko haram members and their sponsors, Nigeria would have been more peaceful today?
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dallasp at 8-11-2012 07:18PM (7 years ago)
(685 | Upcoming) (m)

"EFCC no see dose at d Government arrest dem"
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Bettygirls at 8-11-2012 07:52PM (7 years ago)
(4011 | Gistmaniac) (f)

 Shocked Shocked Shocked
Reply
jamesbondchick at 8-11-2012 08:05PM (7 years ago)
(3643 | Gistmaniac) (f)

Eh hen? See money!

Reply
ela214 at 8-11-2012 08:43PM (7 years ago)
(2973 | Gistmaniac) (f)

FOOLS;how can u carry such amout of money cash if they no catch u here they go catch u 4 there.i mean it´s reall stupid.
an EFCC of  what eva na only all these poeple una dey catch while govt wives dey commot with millions.
nigerian law is only meant 4 the poor.IDIOTS
Reply
bobnel20 at 8-11-2012 08:49PM (7 years ago)
(141 | Upcoming) (m)

NA WOOO.
Reply
chicco77 at 8-11-2012 09:10PM (7 years ago)
(22128 | Addicted Hero) (f)

 Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes Roll Eyes
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toibeli at 8-11-2012 09:31PM (7 years ago)
(4386 | Gistmaniac) (m)

These peolpe no no say e get wetin dem de call bank?
Reply
harunakoni at 8-11-2012 10:21PM (7 years ago)
(433 | Upcoming) (m)

Ye ye EFcc
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micc at 8-11-2012 10:22PM (7 years ago)
(9483 | Hero) (m)

ok
Reply
denmal at 8-11-2012 11:58PM (7 years ago)
(3185 | Gistmaniac) (m)

Quote from: Neglito on  8-11-2012 07:04PM
You (EFCC) guys should leave traders alone and concentrate on Politicians and senior government workers.

God bless u
Reply
Anscomit at 9-11-2012 12:57AM (7 years ago)
(7 | Newbie) (m)

They will arrest tire, hence the banks has not transfer facilities to enable traders transact business when oversea if not through cash. The world is cashless only Nigeria is a cash society
Reply
dickman2 at 9-11-2012 01:15AM (7 years ago)
(34105 | Addicted Hero) (m)

 Huh? Huh? Huh? Huh? Huh?
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2bify at 9-11-2012 01:32AM (7 years ago)
(3632 | Gistmaniac) (m)

TRUE TALK
Quote from: ela214 on  8-11-2012 08:43PM
FOOLS;how can u carry such amout of money cash if they no catch u here they go catch u 4 there.i mean it´s reall stupid.
an EFCC of  what eva na only all these poeple una dey catch while govt wives dey commot with millions.
nigerian law is only meant 4 the poor.IDIOTS
Reply
dlimelite at 9-11-2012 01:37AM (7 years ago)
(13810 | Hero) (f)

 Shocked Shocked Shocked Shocked Shocked Shocked
Reply
vicmore at 9-11-2012 01:46AM (7 years ago)
(9 | Newbie) (m)

SAMPA MONEY. GOD GO PUNISH U OFFICERS
Reply
Keffejude at 9-11-2012 01:53AM (7 years ago)
(2025 | Gistmaniac) (m)

 ALL NA BLOODY PROPAGANDA EFCC NEVR EVEN START 2DO THEIR JOB orelse y couldn't they arrested Oyo State's First Lady For Carrying £400K Cash In her luggage while on a trip 2UK. if only d masses were made aware how much money these govt officials & oil contractors siphon daily there would be a worst revolution than in Syria & Libya 2geda Cry Cry Cry Cry
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deboalabi262 at 9-11-2012 04:33AM (7 years ago)
(13162 | Hero) (m)

 Lips Sealed Lips Sealed Lips Sealed

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