- The EFCC carried out a sting operation on an apartment in Ikoyi
- Huge sums of cash was recovered in different currencies
The Economic and Financial Crimes Commission (EFCC) has carried out a sting operation in resulting in the recovery of huge sum of cash hidden in an apartment.
According to the anti-graft agency, the operation was carried out on Wednesday, April 12 in an apartment in Ikoyi, Lagos.
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It was reported that huge cash in Naira, dollars and pounds were found and bankers were employed with their machines to help with the counting.
The whistle-blowers’ initiative by the EFCC has yielded result in recent weeks as a similar operation in Balogun market in Lagos led to the recovery of N250 million
The anti-graft agency said in a statement through its spokesperson, Wilson Uwujaren, that the discovery followed a tip-off by a whistle-blower.
According to the statement, the money was to be changed into foreign currencies in the market in Lagos.