EFCC Probes Suspicious $6m, £53,000 Cash Movement at Lagos Airport

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Nigeria TV Info 
EFCC Probes Suspicious $6m, £53,000 Cash Movement at Lagos Airport

The Economic and Financial Crimes Commission (EFCC) has launched a full-scale investigation into the movement of undeclared foreign currencies — $6 million and £53,000 — intercepted at the Murtala Muhammed International Airport, Lagos.

According to EFCC sources, the funds were discovered during a joint operation with airport security and customs officials following intelligence reports on suspicious cash transfers by an undisclosed syndicate. The operation reportedly targeted individuals and organizations involved in money laundering and illegal forex dealings.

Preliminary findings suggest that the cash may have been intended for offshore transfers without official approval from the Central Bank of Nigeria (CBN). EFCC operatives are said to be interrogating several suspects, including airport workers and airline staff, to uncover the origin and intended recipients of the funds.

An EFCC spokesperson confirmed the ongoing probe, stressing that the agency remains committed to curbing financial crimes and maintaining transparency within Nigeria’s financial system. The anti-graft body has vowed to trace the ownership of the funds and prosecute all those found culpable.

This latest bust comes amid growing concerns over illegal foreign exchange movements and the rising use of airports for laundering illicit money.

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