Tuesday, April 11, 2017

EFCC recovers N250M through whistle-blowers at Balogun market

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EFCC has announced that they have recovered the sum of N250million at a bureau de change located inside the popular Balogun market.


This is coming Barely 4 days after its discovery of a huge sum of money at a supermarket in Lagos.

The anti-graft agency on Monday recovered €547,730 and £21,090 as well as N5,648,500 from the BDC operator, a conversion of the recovered sums is expected to yield N250 million.

The EFCC said on its official Facebook page that the recovery followed information that about N250m cash was being moved somewhere in the market for conversion into foreign currency.

It said following a tip-off from a whistle-blower, some EFCC operatives were mobilized to the scene and met the money in the BDC office where a significant part had already had been converted into euros and pounds.

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