Acting on a tip-off by a whistle blower on Tuesday, 11 April, the Economic and Financial Crime Commission, EFCC has retrieved N4 billion found in two separate accounts at the Guaranty Trust Bank, Plc. Each of the accounts had N2b in fixed deposits
The money, which is suspected to be proceeds of crime, belongs to an unnamed ex-deputy governorship candidate in Niger State, according to EFCC account.
He is said to have used the names of two companies, Katah Property & Investment Limited and Sadiq Air Travel Agency to launder the money.
Both the suspected owner of the account and the account officer has fled, but the police are on their trail.
