Admin l Wednesday, April 12, 2017
NIGER, Nigeria – The Economic and Financial Crimes Commission, EFCC says it has uncovered N4 billion suspected to be looted funds in two accounts domiciled with GT Bank.
According to the EFCC, the accounts were operated by a former deputy governorship candidate in Niger State, adding that the discovery came through after a tip-off by a whistle blower on Tuesday, April 11, 2017 .
“Investigations as to the owner of the funds revealed that the money belongs to a former deputy governorship candidate in Niger State.
“The suspect uses the names of two companies– Katah Property & Investment Limited and Sadiq Air Travel Agency- in laundering the funds.
“Each of the company has N2 billion fixed in its deposit account domiciled in Guaranty Trust Bank. The suspected owner of the account and the account officer are currently on the run”, the EFCC said.
