
The Economic and Financial Crimes Commission EFCC, Monday night said a tip-off from a whistle blower led operatives to intercept huge sums of money in various currencies at the popular Balogun market in Lagos.
The monies include €547,730 and £21,090, as well as N5,648,500.
The total haul is about N250m at the prevailing exchange rate at the parallel market.
Wilson Uwujaren, Head of Media and Publicity, in a statement said the development followed information that huge cash was being moved somewhere in the market for conversion into foreign currencies by unnamed persons.
BY TONY