Suspicious Transaction: EFCC recovers N.9m

Acting EFCC chairman Ibrahim Magu ozigi
Suspended EFCC chairman Ibrahim Magu
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EFCC acting Chairman, Ibrahim Magu

The Economic and Financial Crimes Commission, EFCC, has recovered a sum of N900, 000 (nine hundred thousand naira) mistakenly deposited in an account of a customer in a new generation bank.

The customer, Aliyu Usman Tilde, who owned the account having done no business with anybody to warrant such credit in his account, reported the suspicious lodgement to the Gombe zonal office of the EFCC.

The EFCC through discrete investigation discovered that the money belongs to a law firm that was engaged by the Federal Ministry of Justice in a case that involved a former staff of Federal Ministry of Foreign Affairs.

While commending the patriotism of Tilde, the EFCC calls on the general public to emulate such honest attitude by reporting suspicious lodgement/transaction to relevant authorities.

Deal of the day

Similarly on 22 February, a whistleblower led the Nigerian government to a suspicious bank account, with no signatories, but where N8.4 billion was secretly kept.

The report said some of the money has been converted into dollars and wired abroad but the Economic and Financial Crimes Commission has filed an ex parte motion to place it under temporary assets forfeiture.

According to TheNation newspaper, a telecommunications company has gone to court, claiming ownership of the money,

The Nation reported that a whistleblower alerted the government to strange deposits in the ECOBANK account by some suspected government officials.

“Of the many deposits, about N8.4billion was singled out for investigation in the interim.

A source involved in the investigation said: “A whistleblower alerted the Office of the Attorney-General of the Federation, leading to the involvement of the Nigerian Financial Intelligence Unit and the Economic and Financial Crimes Commission( EFCC) in the investigation.