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About 250m recovered by the EFCC

EFFC recovers about N250m in Balogun market, Lagos

Operatives of the Economic and Financial Crimes Commission has recovered a sum of 547,730 euros and 21,090 pounds  from a Bureau De Change operator in Balogun market of Lagos Island.

The figure it was learnt sums up to Two Hundred and Fifty million naira when converted according to the EFCC.

The recovery comes less than four days after the commission recovered N480million naira from an abandoned shop on Ahmadu Bello Way, Victoria Island in Lagos.

The EFCC disclosed on its official facebook page that the recovery followed a tip-off, that about N250million naira cash was being moved somewhere in the market for conversion into foreign currency.

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