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Plenty money: Piles of cash keep turning up in Nigeria... : Metro : Nigerialog.com - Nigeria's Premier Online Forum

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Plenty money: Piles of cash keep turning up in Nigeria...

By: Ramjoe (M) |Time : April 25, 2017, 04:59:44 PM
Nigerians have been shocked and bemused after huge piles of cash have been unearthed in various parts of the country in recent months. Journalist and writer Adaobi Tricia Nwaubani looks at what is going on.

In February, $9.2m and £750,000 were discovered by Nigeria's anti-corruption agency, the EFCC, in a property belonging to Andrew Yakubu, a former director of the national oil company, NNPC.

In March, large sacks containing bundles of "crispy" banknotes worth a total of $155,000 (£130,000) were found in Kaduna airport.

In April, a stash containing $43.4m, £27,800 and 23.2m naira were recovered from a Lagos apartment with its owner yet to be identified.

And these are just the tip of the iceberg.

EFCC head Ibrahim Magu was quoted in the local media as saying that the total amount recovered by the agency in the past few months was about $53m, £120m and €547m, on top of hundreds of millions of Nigerian naira.


Re: Plenty money: Piles of cash keep turning up in Nigeria...

By: Gideon |Time : April 26, 2017, 11:55:52 AM
These discoveries shows that there has and will continue to be some "underground illegal movement of cash" which sadly rotates around few people... EFCC should fish out those involved and prosecute them!

Re: Plenty money: Piles of cash keep turning up in Nigeria...

By: Ramjoe (M) |Time : April 26, 2017, 11:35:32 PM
As learned individuals, most citizens of this great country have come to know that Nigeria is blessed, really blessed... The resources (especially cash) are just mismanaged and used to satisfy a set of individuals' selfish interests. They have stole more than enough already instead of letting the rest circulate they just stock them up somewhere so that the poor will remain poor to continue serving them. Little do these wicked beings know that there's karma or they just choose not to think about it at all.

They can't take the piles of cash to heaven... No way! Then they are seriously stocking up cash for someone else's use.

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