Photos: Where EFCC discovered $43.4m, £27,800 and N23.2m cash today in Ikoyi + 10 comments about the findings

EFFC today stormed a residential building in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi, Lagos, where a humongous find of foreign currencies and Naira notes to the tune of $43.4m, £27,800 and N23.2m was uncovered.

The operation followed a whistle blower’s confidential alert received by the Commission’s Lagos office this morning regarding some noticed suspicious movement of bags in and out of a particular apartment in the building. According to the source, the movers of the bags, make believe that they bring in bags of clothes.

Another source who is conversant with the apartment of interest indicated that some woman usually appeared on different occassion with Ghana Must Go bags. ” She comes looking haggard, with dirty clothes but her skin didn’t quite match her outward appearance, perhaps a disguise”, the source said.

On getting to the building, operatives met the entrance door locked. Inquiries from the guards at the gate explained that nobody resides in the apartment, but some persons come in and out once in a while. In compliance with the magisterial order contained in the warrant, the EFCC used minimum force to gain entrance into the apartment.

Monies were found in two of the four bedroom apartment. Further probe of the wardrobe by operatives in one of the rooms, was found to be warehousing three fire proof cabinents disguisedly hidden behind wooden panels of the wardrobe. Upon assessing the content of the cabinets, neatly arranged US Dollars, Pound Sterling and some Naira notes in sealed wrappers.

Preliminary findings indicate that the funds are suspected to be proceeds of unlawful activity. The facility is said to be owned by Osborne Towers Resident Association. Investigations are ongoing.

  

Comments

Mba Nenye: All the time, recovering money from here to here and the worst is that they don’t give small amounts or figure ,always bigger amounts and by the end of the day we won’t hear of the said recovered loot again..
Who is fooling who?

Onu Monstop Monday : more recovery more recession. Stop Ooo EFCC we are tired of recover recover every month. person no fit hide small money again 4Naija,waiting be wanna own……!!!

Ada Zion : They are very economical with details. Hope d whistle blower will get the due percentage.

Kingsley C Nwakaibe : With only this money our power problem in Nigeria should b over…

Attah Cletus : The more money EFCC discoverd the more poverty and lack in the country. What is the matter Nigeria.

Celex Khama : EFCC is fighting corruption on the media while Nigerians are suffering….

Oguni Gme Kwam:  Please our government should stop fooling us for God sake.

Ekene Nwadukwe Where una dey keep all this recovered money self,right from Abacha own to this very one.

Bullion Valentino Who owns the money and what will government do with it.

O’tutu NU I wish part of this money will be released and used to repair the country Nigeria.