The NIA claimed the huge sum was meant for a “covert operation” and President Buhari has been said to give an order for the agency to “reapply” for the fund. But wait oh, we have a question – What kind of government agency uses that kind of huge sum of money, $50 Million dollars in raw cash, for a covert operation? Hmmmn….Naijaaaaaaa sha!
President Buhari has directed the EFCC to return the recovered money to the Central Bank, being money assigned to the National Intelligence Agency (NIA).
The NIA claimed the money was for a covert operation that predated the administration of President Buhari and that the EFCC raid had bungled the operation. Reports had gone rife about the ‘discovery and recovery of this huge sum by the EFCC in an operation on Wednesday, April 12, in the 7th Floor of a 4-bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi. (READ HERE)
In a ruling on Thursday, April 13, Justice Muslim Hassan of the Federal High Court in Lagos ordered that the funds be handed over to the Federal Government for now. The judge then adjourned the matter till May 5, 2017 for anyone who wants to claim the funds and give reasons why it should not be permanently forfeited to the government to show up before him.
Get more stuff like this
in your inbox
Subscribe to our mailing list and get interesting stuff and updates to your email inbox.
Thank you for subscribing.
Something went wrong.