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EFCC Uncovers Another N250 Million Cash In Lagos (Photo)



The Economic and Financial Crimes Commission, EFCC, Monday night said a tip-off from a whistle blower led operatives to intercept huge sums of money in various currencies at the popular Balogun market in Lagos.
The monies include €547,730 and £21,090, as well as N5,648,500.
The total haul is about N250m at the prevailing exchange rate at the parallel market. Wilson Uwujaren​, Head ​of ​Media ​and Publicity​, in a statement to DAILY POST, said ​the development followed information that ​huge cash was being moved somewhere in the market for conversion into foreign currencies by unnamed persons.
He added that: ​”​Operatives responded timely, met the money in Bureau de Change office, but a large chunk of it had been converted into Euro and Pounds sterling.


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