Eric Patrick
Operatives of the Economic and Financial Crimes Commission, Lagos Directorate, have commenced investigations of a suspect, identified as Okorie Sylvernus Sunday, who was arrested at the Murtala Muhammed International Airport, Ikeja, Lagos, by the Nigeria Customs Service, NCS, with $578,000.
This was contained in a statement the EFCC shared on its Facebook page on Saturday.
According to the statement, the investigations commenced on Friday, March 21, when the Area Comptroller in charge of the NCS at the airport on Friday, handed over Sunday to the EFCC for false currency declaration.
The EFCC noted that the suspect was arrested by the Customs upon arrival in the country from Johannesburg , South Africa, on Wednesday, March 19.
On arrival, he had approached the Currency Declaration Desk and declared the sum of $279,000.
However, an additional sum of $299,000 was found to be neatly concealed in different packages, thereby totaling $578,000 (Five Hundred and Seventy Eight Thousand USD).
The statement partly read, “During further examination, the suspect was found to have also concealed the sum of 100 Euros (One Hundred Euros) as well as a counterfeit $250 (Two Hundred and Fifty USD).”
Speaking during the handing over, Harrison said: “This is in contravention of the provisions of the Money Laundering Prohibition Act 2011, which stipulates that any currency or other forms of negotiable instruments , where the value exceeds $10,000 threshold or its equivalent must be properly declared for inbound and outbound passengers.”
Harrison, who spoke on behalf of the Comptroller-General of Customs, Bashir Adewale Adeniyi, added that “The Command will be handing over a total sum of Five Hundred and Seventy-eightThousand, United States Dollar ($578,000) to the Economic and Financial Crimes Commission for false currency declaration.”
While receiving the suspect, the acting Zonal Director, Lagos Zonal Directorate 2 of the EFCC, Okotie Eboh, Ahmed Ghali, commended the NCS for its cooperation with the EFCC.
READ ALSO: Alleged ₦76bn, $31.5m Fraud: EFCC Opens Case Against ex-AMCON MD
He stated that inter-agency collaboration was very crucial to achieving a common goal, adding, “We are here today to take over one passenger coming from South Africa for falsely declaring the cash he was carrying along.
“I want members of the public to be wary of this kind of act. It is incumbent on each and every person going out or coming into the country to declare any cash in excess of $10,000. It is mandatory by virtue of the provisions of our laws, especially the money laundering law.
He also appealed to the members of the public to desist from the act of false declaration or non-declaration, adding that the long arm of the laws would always catch up with anyone involved in the criminal act.
“We will not allow anyone to sabotage the economy or the nation’s financial system.
“This is because this kind of act exposes the country to a lot of risks, in terms of money laundering; it also makes the country to be seen as a haven of fraud.
“We will continue to synergise to make sure we have a better country, a stronger economy and a more functional financial system.”
