The Economic and Financial Crimes Commission (EFCC) says a tip-off by a whistle-blower on Tuesday, led to another discovery of a huge sum of four billion Naira suspected to be proceeds of crime.
According to a statement by the EFCC spokesman, Wilson Uwujaren, investigations as to the owner of the funds revealed that the money belongs to a former deputy governorship candidate in Niger State, whose the name was not disclosed.
“The suspect uses the names of two companies – Katah Property & Investment Limited and Sadiq Air Travel Agency – in laundering the funds.
“Each of the company has two billion Naira 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,” the statement said.
SOURCE: Channels Tv