by Azeez Adeniyi
The Economic and Financial Crimes Commission (EFCC) on Tuesday discovered a sum of N4billion suspected to be proceeds of crime, SaharaReporters reports.
According to the news medium, investigation showed that the money belongs to a former deputy governorship candidate in Niger State.
The suspect allegedly used the names of two companies – Katah Property & Investment Limited and Sadiq Air Travel Agency – in laundering the funds.
The money is reportedly domiciled in two accounts with N2bn each.
The suspected owner of the account and the account officer are currently on the run.