$2.8m Seized Cash: EFCC Insists Investigation Ongoing
The EFCC says it is still investigating the case of two suspects who were intercepted with 2.8 million dollars at Akanu Ibiam International Airport, Enugu.
The issue started looking like an embarrassment when the EFCC hit the media to indict Union Bank as owners of the supposedly laundered cash.
But the bank took exception and turned the case on its head in a manner that made EFCC look like learners.
Union Bank said the movement of cash across states in Nigeria is routine for all banks and blasted the anti-graft agency for issuing a statement, before completing its investigation.
Trust EFCC not to retreat. Acting Spokesman, Mr Tony Orilade, fired back in an interview with NAN in Abuja on Saturday.
“Upon their arrests, they were caught with consignments of two suitcases, containing $1.4 million each, totalling $2.8 million, at the departure lounge of the airport while about to board an Arik Air evening flight to Lagos.
“During interrogation, the suspects confessed that they have been in the business of conveying cash for ‘some notable banks’ for over six years and were in the process of doing same” for another bank when they were caught.
Orilade said the bank refused to honour EFFC’s invitation from the time of the arrest until the commission “had to go out with the story”.
“That was when they suddenly realised they need to honour the invitation.
“The two men arrested with the money were detatined because they have to offer relevant information.
“Be that as it may, thorough investigation has to be carried out as to the source and legitimacy of the money because we are not unaware that some financial institutions have yielded to being used to launder money.
“The way forward is that investigation is ongoing. Further investigation will reveal the next line of action,” Orilade said.VIDEO: How Nigerian Celebrities Helped The Baby Mama 'Ministry'