Breaking: EFCC seizes N4b from ex-Niger Dep Gov candidate

The economic and Financial Crimes
Commission, Tuesday, recorded another huge
cash haul worth N4 billion with the help of a
whistle blower.
The anti-graft agency believes the cash is
proceed of corruption and has begun manhunt
for the suspect, whose names was not made
public as at last night.
The Spokesman for EFCC, Wilson Uwujaren,
confirmed the cash haul but did not give
details.
‘”investigation as to the owner of the funds
revealed that the money belongs to a former
deputy governorship candidate in Niger State.
“The suspect uses the names of two
companies– Katah Property & Investment
Limited and Sadiq Air Travel Agency- in
laundering the funds.
“Each of the company has N2 billion fixed in
its deposit account domiciled in Guaranty
Trust Bank.
“The suspected owner of the account and the
account officer are currently on the run,”
Uwujaren said.
The agency has confiscated huge cash worth
billions of Naira in the last one week.