by Azeez Adeniyi

The Economic and Financial Crimes Commission on Friday evening uncovered N448,850,000 (Four hundred and forty eight million, eight hundred and fifty thousand naira) in a shop at LEGICO Shopping Plaza, Ahmadu Bello Way, Victoria Island, Lagos.

The money stashed in several Ghana Must Go bags were in N500 and N1000 denominations, hidden in a shop awaiting conversion into foreign currency.

It was gathered that a whistleblower had informed operatives of the commission who stormed two shops in the complex which were under locks and keys.

The shops had signages of Bureau de Change.

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Other shop owners however reportedly claimed the owner of the shop has not been seen for a while and has not opened for business for two years.

The attention of the plaza’s chairman and some traders were drawn in order to force the shops open. There was no money found in shop 67, but in shop 64, heaps of “Ghana Must Go” bags were found loaded on the floor of the shop. When the bags were unzipped they were found to contain bundles of naira notes totalling N448,850,000.