Money Laundering: EFCC arrests Lebanese at Abuja Airport with N940m

Money Laundering: EFCC arrests Lebanese at Abuja Airport with N940m

The Economic and Financial Crimes Commission (EFFC) on Friday said its operatives at the Nnamdi Azikiwe International Airport, Abuja, arrested a Lebanese for money laundering.

The EFCC in a statement by its acting Spokesman, Tony Orilade, that the suspect was arrested with different foreign currencies valued at a combined N940 million.

According to the statement, the suspect, Lakis, was picked up at the Nnamdi Azikiwe International Airport, Abuja, following intelligence report that he had on him, undeclared huge sums of monies aboard the Egypt Airline bringing him from the Kano Airport en route Lebanon.

“At the point of arrest, a thorough search on his luggage uncovered $2,104,936; £163,740; €144,680.

“Other currencies found with Lakis include 391,838 Saudi Riyal; 3,420 Swiss Francs; 435;109,000 Lebanese pounds, 10,135 dirhams, ¥10,000 and 10 Qatar Riyal,” the statement said.

The anti-graft agency said the suspect would be charged to court as soon as investigations are concluded.