Saudi Arabian currency equivalent to N315million seized at Abuja airport

Saudi Arabian currency equivalent to N315million seized at Abuja airport

[ad_1]

The Economic and Financial Crimes Commission (EFCC) has taken into custody two suspects linked with the SAR3.1million (Saudi Arabian Riyal) seized at the Nnamdi Azikiwe International Airport, Abuja, on Monday.

At the official exchange rate, the seized money translates to about N315milliion cash.

PREMIUM TIMES was, on Friday, informed by sources familiar with the case but not authorised to speak on it that the suspects and the money were apprehended by Customs officers on Monday.

They were handed over to the operatives of the Foreign Exchange Malpractices Section of the EFCC on Thursday, the sources said.

The money was said to have been sealed in brown envelopes and transported in large bags commonly called ‘Ghana must go’.

ALSO READ: NDLEA seizes 14.4kg of cocaine at Abuja airport

The sources said the bags were intercepted at the baggage hall of the Nnamdi Azikiwe International Airport by officers of the Nigeria Customs Service, after being freighted to Nigeria from Saudi Arabia aboard Ethiopian Airline flight.

While confirming the arrest, Wilson Uwujaren, spokesperson of the EFCC, said the suspects had made useful statements.

Support PREMIUM TIMES’ journalism of integrity and credibility

Good journalism costs a lot of money. Yet only good journalism can ensure the possibility of a good society, an accountable democracy, and a transparent government.

For continued free access to the best investigative journalism in the country we ask you to consider making a modest support to this noble endeavour.

By contributing to PREMIUM TIMES, you are helping to sustain a journalism of relevance and ensuring it remains free and available to all.

Donate


TEXT AD: To advertise here . Call Willie +2347088095401…






PT Mag Campaign AD



[ad_2]

Source link

More

Leave a Reply

Your email address will not be published. Required fields are marked *

Saudi Arabian currency equivalent to N315million seized at Abuja airport

 

Log In

Or with username:

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.