News

February 9, 2017

EFCC raids ex-NNPC boss’ home, recovers $9.2m, £72,000

Operatives of the Economic and Financial Crimes Commission, EFCC, yesterday, raided the home of a former Group Managing Director of Nigerian National Petroleum Corporation, NNPC, in Kaduna and allegedly recovered $9.2 million in his safe.

The agents, who also recovered additional £72,000, said it was the largest sum of cash the commission had recovered in recent weeks.

The former Nigerian National Petroleum Corpora-tion, NNPC, boss had been arraigned by the commission on allegations of money laundering since 2016.