A tip-off by a whistle blower on Tuesday guided the Economic and Financial Crimes Commission, EFCC to the discovery of a whooping sum of N4billion, suspected to be proceeds of criminal activity.
It is gathered that the funds belong to a former deputy governorship candidate in Niger State.
The suspect used the names of two companies– Katah Property & Investment Limited and Sadiq Air Travel Agency- in laundering the funds.
Each of the company had N2billion fixed in its deposit account domiciled in Guaranty Trust Bank.
The suspected owner of the account and the account officer have gone underground.
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