EFCC uncovers another N4 billion, account owner on the run

A tip-off by a whistleblower on Tuesday, April 11, 2017, led to another discovery by the Economic and Financial Crimes Commission, EFCC, of a staggering sum of N4billion suspected to be proceeds of crime.

 
Investigations 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.

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Each of the company has N2billion 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.

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