Barely a month after The Economic and Financial Crimes Commission(EFCC) arrested a former Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Andrew Yakubu, following the recovery of $9,772,800 and £74,000 cash from his Kaduna home,The Commission on Tuesday impounded N49m abandoned in five sacks at the Kaduna International Airport.
The owner of the money is suspected to have attempted to smuggle it out of the country.
“Upon examination, the bags were found to contain crispy naira notes of N200 denomination in 20 bundles totalling N40m and N50 denomination in 180 bundles totalling N9m with seals purportedly emanating from the Nigerian Security Printing and Minting Plc seen on the packs.”
The EFCC had commenced investigations to identify the culprits.
The Head of the EFCC, Kaduna Zonal Office, Mr. Ibrahim Bappah, who spoke on the strange discovery, told newsmen that the money was found at the baggage check-in of the Kaduna International Airport, ready to be taken out of the country.
Bappah said the discovery of the cash was made possible via a tip-off, prompting the operatives of the anti-graft agency to intercept the money.
Explaining that the owner of the cash initially showed up, Bappah said the owner, whose name was not given to journalists, could not authenticate the amount in the sacks and disappeared before EFCC officials arrived at the scene.
He said the agency would begin investigation to know the source of the money and its real owner.
“His inability to give any concrete explanation made him become uncomfortable and he disappeared into thin air before the arrival of EFCC operatives,” he said.