John Okafor, 25, has been arrested by men of the Nigerian Drug Law Enforcement Agency for being in possession of N48m. The suspect was reportedly apprehended with the money on the Abaji-Abuja Expressway on Monday by the anti-narcotic officials who were on a routine patrol.
He was said to be among the passengers of a commercial bus coming from Onitsha, Anambra State, when he was arrested.
Okafor insisted that the money belonged to an unnamed bureau de change firm in Onitsha, adding that he was an employee of the firm. He said he was heading for the foreign exchange market in the Federal Capital Territory to convert the sum to dollars when he was arrested.
He said, “I work for a bureau de change in Onitsha. I was asked to purchase dollars at the foreign exchange market in Abuja with the money. When we got to Abaji, our vehicle was searched and the money was found. That is all I know.”
The FCT commander of the NDLEA, Mrs. Chinyere Obijuru, confirmed the two arrests in a statement. She said Okafor would be handed over to the Economic and Financial Crimes Commission for further investigation, while Ugbai would be charged to court.
She said: “Okafor was on board a commercial bus from Onitsha in Anambra State when N48,450,000 was found in a brown carton concealed in a sack. He also had on him 86,500 CFA. He claimed that the money belongs to a bureau de change at Onitsha. He is suspected to be engaging in money laundering and will be transferred to the EFCC for further investigation." For more scintillating and juicy stories, follow the official Naijapals accounts On Twitter - @Naijapals and Facebook - www.facebook.com/naijapals
I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 19-08-2015 05:37 AM (9 years ago) | Addicted Hero
Senators are molesting Nigerian economy......Looting with impunity, taking home individual salaries of over 6Billion Naira annually........and it's this crayfish dealer una wan take show power!!??
*Shaking My Head*
Posted: at 19-08-2015 06:30 AM (9 years ago) | Hero
PoliticxGuru at 19-08-2015 07:11 AM (9 years ago) (m)
money laundering within D states in nigeria? this is ridiculous u mean say I no fit carry my money travel, the bank said u can only withdraw 150K in a day and ur telling me I should not move abt with my money for exchange for dollars u guys are mad
Posted: at 19-08-2015 07:11 AM (9 years ago) | Hero
Make una free that guy ,nigeria government re useless u see a guy hustling for tomorow u re there suffering him.when una see bokoram members una run 4 40
Posted: at 19-08-2015 07:15 AM (9 years ago) | Newbie
chealseafc at 19-08-2015 07:41 AM (9 years ago) (m)
shameless organization. but you will be pleased to help government officials carry their own in dollars and pass through the security at the airport. i take God beg you, leave that hustler alone i beg. thank God say una no kill am collect the money sef. i know say na because people plenty there make una no kill am. thieves in uniform.
Posted: at 19-08-2015 07:41 AM (9 years ago) | Gistmaniac
Bereau de change indeed. If truelly he is working there, he is suppose to bank dat money and withdraw wen he get to abuja. He shld better talk now. It might be one of dis politicians.
Posted: at 19-08-2015 08:23 AM (9 years ago) | Addicted Hero
this is ridiculous u mean say I no fit carry my money travel, the bank said u can only withdraw 150K in a day and ur telling me I should not move abt with my money for exchange for dollars u guys are mad 
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