The Economic and Financial Crimes Commission (EFCC), Lagos chapter, had yesterday evening, uncovered yet another huge sum of cash in the tune of N448,850,000 (Four hundred and forty eight million, eight hundred and fifty thousand naira) suspected to have been laundered and kept in a shop at one LEGICO Shopping Plaza, located along Ahmadu Bello Way, Victoria Island of Lagos State.
The cash in denomination of N500 and N1000, stashed in some bags commonly known as Ghana Must Go bags and hidden in a shop in the wait of converting it into foreign currency.
According to the information provided by a source who was the concerned whistle blower, men of the agency swooped into action by raiding the shopping complex and sought the details of the alleged owners of two shops, LS 64 and LS 67 which were found with locks and keys.
The two shops had signages of Bureau de Change.
Investigation carried out on the owner of shop LS 64 revealed that he had not been seen around that place for a long period, as it was claimed that the shop is yet to be opened for business and that profession has been going on for almost two years.
Several calls to reach the owner of shop LS 67 were made but there was no response.
The plaza’s chairman attention and that of some traders were drawn so as to force the shops open. No money was found in shop LS 67, however, in shop LS 64, several ‘Ghana Must Go’ bags were discovered on the floor of the shop, stashed with bundles cash, all in a total of N448,850,000.
Some Traders who were interviewed at the premises claimed they were unaware of the existence of such money in the shop, as the place was hardly seen opening for business. EFCC is currently investigating the matter in order to get the identity of the owner and its source.
