#Open journalism No news is bad news

Your contributions will help us continue to deliver the stories that are important to you

Support The Journal
Dublin: 15°C Monday 23 May 2022

Nigerian anti-corruption agency, facing criticism for lack of action, finds $43 million sitting in empty flat

The agency has described the fund as “humongous”.

shutterstock_488545060 Source: Shutterstock/P.S_2

NIGERIA’S ANTI-GRAFT agency has seized over $43 million (€41 million) in cash during a raid on a Lagos apartment in what it hailed as a victory for President Muhammadu Buhari’s war on corruption following a string of setbacks.

The Economic and Financial Crimes Commission (EFCC) said in a statement issued late Wednesday it discovered the “humongous” amount of money in an apartment in Ikoyi, an upscale district of Lagos.

EFCC operatives found $43.4 million along with £27,800 ($34,807) and 23.2 million naira ($73,301) in the seventh floor apartment after a tip-off from a person who noticed “suspicious movement of bags in and out of a particular apartment in the building.”

“She comes looking haggard, with dirty clothes, but her skin didn’t quite match her appearance, perhaps a disguise,” said the anonymous source quoted in the EFCC statement.

The money, kept immaculate in sealed plastic wrappers, was hidden in filing cabinets and behind hidden panels in a wardrobe.

No arrests have been made over the haul, EFCC spokesman Wilson Uwujaren told AFP.

“It is a major seizure,” Uwujaren said. “For us it shows that the policy of government and whistleblowing is commendable.”

The EFCC has been on the backfoot after facing resistance from the country’s Senate and losing some key court battles.

Last week, a Lagos court lifted an EFCC order freezing some $5 million (€4.7 million) in a bank account operated by Nigeria’s former first lady Patience Jonathan.

An Abuja court also dismissed a corruption case against Justice Adeniyi Ademola and his wife on technical grounds.

Earlier in March, Nigeria’s Senate had rejected the appointment of Buhari’s nominee to head the EFCC.

#Open journalism No news is bad news Support The Journal

Your contributions will help us continue to deliver the stories that are important to you

Support us now

On Tuesday, the beleaguered government was forced to issue a statement insisting that its war on corruption is on track.

“The government of President Muhammadu Buhari is committed to sustaining the anti-corruption fight, ensure that the system is cleaned up and government business is done the right way,” Vice President Yemi Osinbajo said in the statement.

Buhari rode to power in 2015 vowing to stop the plunder of state funds by corrupt politicians and public officials.

The main opposition party, however, has accused him of conducting a political witch-hunt because many of those arrested and charged in the war on corruption are opposition party members or served in the previous administration.

© – AFP, 2017

Read: US drops biggest non-nuclear bomb in Afghanistan

Read: United row passenger lost two front teeth, had a broken nose and concussion

About the author:


Read next: