Customs intercept, hands over 7 million CFA in EFCC

The Nigeria Customs Service (NCS), Ogun 1 Command Area, Tuesday, delivered 7 million CFAs (N17 million) intercepted by its agents to the Commission for economic and financial crimes (EFCC).

The controller of the area, Mohammed Shuaibu, delivered the 7 million CFA to Oguzi Moses, an Fcc commander assistant, head of investigation, Lagos Zone 2, in Idiroko, Ogun.

“The agents of the command in service at the external baggage room while leading a search on the passenger bag along the Nigeria route to the Republic of Benin on March 20, have identified a suspected bag to transport illegal content.

“After an in -depth research, it was discovered that the bag contained a new note in foreign mint currency, including the amount reported in 5,000 CFA denomination, which is equivalent to a total sum of N17 million in Nigerian currency,” he said.

Shuaibu said that the inability to declare cash at the time of the seized amount is against the anti -money laundering law (prevention and prohibition) 2022 and the changes on changes (monitoring and various measures), 1995.

The controller of the area stated that the delivery of the seized currency was to encourage the collaboration between agencies between the customs service of Nigeria and the EFCC, in line with the political push of our general controller of the NC, Bashir Adeniyi.

Moses, who received the money, said: “I want to praise the NCS for their vigilance and the unwavering commitment to safeguard the boundaries of our nation.

“Your professionalism and dedication have once again ensured that illegal financial activities are not deselect.

“While taking this case, the EFCC will lead an in -depth investigation to discover the circumstances surrounding this interception and ensure that the right process is followed.

“Let this serve as a reminder that no effort will be spared to consider those who try to undermine the integrity of our financial systems responsible.”

He said the commission remained firm in his mandate to fight economic and financial crimes.

According to him, the interception of this substantial sum was a testimony of the importance of inter-agency collaboration in the fight against corruption, money laundering and other financial crimes. (Nan)