A tip got from a whist blower today has driven agents of the
Economic and Financial Crimes Commission, EFCC, to intercept colossal amount of
cash in different currencies at the well-known Balogun market in Lagos. The
cash in all was about N250 million money, which includes €547,730, £21,090 and
location of the N250 million money was changed to somewhere inside the market,
so as to convert it to foreign currencies by anonymous people.
cash was kept in a Bureau de Change, BDC, office in Balogun advertise.
Notwithstanding, when they arrived, a portion of the Naira had already been
changed to Euro and Pounds sterling.
that the cash was sent to them by their manager from a Northern state in
the Commission in its further investigations.