MONEY LAUNDERING: EFCC Intercepts N54m At Maiduguri Airport
The Economic and Financial Crimes Commission (EFCC) has intercepted N54million at the Maiduguri International Airport.
The commission said four persons and two Non-Governmental Organizations (NGOs) are connected to the seized cash and are currently being investigated.
The anti-graft agency said it acted on intelligence report to intercept the cash at the airport.
According to EFCC, investigation into Mercy Corps’ accounts revealed that it has 15 bank accounts with different Bank Verification Numbers (BVN). Also a BVN search on Development Exchange Centre showed that it had 40 bank accounts with different Bank Verification Numbers.
The investigation has revealed that the intercepted fund was withdrawn from Sterling Bank account of Development Exchange Centre. The said Sterling Bank account was funded from the Zenith Bank account of Mercy Corps, while the Zenith Bank account was funded by Int’l FCStone Nigeria Ltd accounts at Guaranty Trust Bank. The BVN search revealed four GTB accounts linked to Int’l FCStone Nigeria Ltd, on which further search is being conducted.