Authorities searching an apt in an affluent neighborhood of Lagos, Nigeria, found more than $43m [£32m] in cash, stashed away in filing cabinets and closets
A whistle blower alerted the Economic and Financial Crimes Commission [EFCC], after observing the activities of a haggard woman going in and out of the apt
The woman came, infrequently, disguised as a homeless person, laden with large cargo bags
The informant observed that her dirty, unkempt clothing neither matched her flawless skin nor the usual traffic in the upscale environment
The money is believed to be from unlawful activity
No arrests have as yet been made
More than $43m (£34m) has been seized from a flat in Nigeria’s main city, Lagos, the anti-corruption agency says.
Officials raided the flat after a tip-off about a “haggard-looking” woman in “dirty clothes” taking bags in and out of it, the agency added.
The money was believed to be from unlawful activity, but no arrests have as yet been made, the agency added.
Neatly stacked bundles of cash found inside the apartment in Lagos
This is the latest in a series of raids which uncovered bundles of cash in Nigeria, Africa’s biggest economy.
In March, the agency said it had found “crispy” banknotes worth $155,000 at the airport in Kaduna, one of major cities in the northern part of the country
In a statement released today by the Economic and Financial Crimes Commission (EFCC), the agency found US notes worth $43.4m stacked in neat bundles and secreted in various hiding places in the apartment.
Investigators also found nearly £27,800 [$75,000] at the four-bedroom luxury apartment in Lagos’s affluent Ikoyi area, the EFCC said in it’s statement.
EFCC agents examine the money recovered in the ‘cash bust’
The “neatly arranged” cash was stashed in “sealed wrappers” in closets and cabinets inside the seventh-floor apartment, the EFCC added.
Concierge at the apartment complex told investigators they did not know the identity of the occupants, they thought no-one lived in the apartment, but a source reported that a “woman usually appeared on different occasions with ‘Ghana Must Go’ [large cargo] bags”, the EFCC said.
“She comes looking haggard, with dirty clothes but her skin didn’t quite match her outward appearance, perhaps a disguise,” it quoted a source as saying.