Barely three days after it retrieved N449m at an abandoned Bureau de Change in Victoria Island, Lagos, the Economic and Financial Crimes Commission (EFCC) yesterday seized huge sums of money in various currencies totaling N250 million at the popular Balogun market in Lagos.
Spokesman of the EFCC, Mr Wilson Uwujaren, who disclosed Monday’s incident in a statement, said the discovery followed a tip off from a whistle blower.
The seized monies, according to him, include 547,730 Euros, 21,090 Pounds and N5,648,500 .
He said: “The interception followed information that about N250 million cash was being moved somewhere in the market for conversion into foreign currencies by unnamed persons.
“Operatives responded timely, met the money in Bureau de Change (BDC) office, but a large chunk of it had been converted into Euro and Pounds sterling.
“The BDC operators found in possession of the monies claimed they were acting on behalf of their boss who sent the money to them from one of the Northern states in Nigeria.”
He said two persons arrested during the raid and they were assisting the commission in its investigation.
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