BY ALIJO SYLVESTER, ABUJA – Following a tip-off by a whistle blower on Tuesday, the Economic and Financial Crimes Commission (EFCC), recovered another staggering sum of N4billion suspected to be proceeds of crime.
A statement by the Head of Media and Publicity of the EFCC, Wilson Uwujaren, said investigations as to the owner of the funds revealed that the money belongs to a former deputy governorship candidate in Niger State.
He said the suspect uses the names of two companies– Katah Property & Investment Limited and Sadiq Air Travel Agency- in laundering the funds.
According to Uwujaren; “Each of the company has N2 billion 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.”