THE Economic and Financial Crimes Commission (EFCC) has arrested one Bashir Abdu at the Mallam Aminu Kano International Airport, Kano, over alleged money laundering.
According to the EFCC Head of Media and Publicity, Wilson Uwujaren, who disclosed this vide an electronic statement, "Abdu, a Nigerian but with a Dubai resident permit, was on his way to Dubai on board Egypt Air when he was arrested by the EFCC for failing to declare the $130,000 on him. He only declared the gold bars with him and 30, 000 Saudi Riyals."
An intelligence source who spoke to The Guardian expressed concern over the increasing cases of people being nabbed by operatives of the EFCC for carrying far more cash than they are willing to declare and disclose, describing it as a "worrisome trend."
"We need to investigate thoroughly the sources of these monies because our suspicion is that most of those being caught are just couriers and conduits for the real owners, the source stated.
