The Economic and Financial Crime Commission (EFCC) is reported to have arrested an associate of the Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, over alleged laundering of $4 million.
The money is termed “suspicious election cash” for the rescheduled presidential election.
The arrest followed an intelligence report on a suspicious transaction by a Bureau De Change (BDC) operator.
Most Bureau De Change operators and banks have, however, refused the “pressure” to convert the hard currency to Naira.
“A certain BDC operator was intercepted for shipping $2million from Abuja to Lagos for suspected money laundering,’’ Sources in EFCC is reported to have said.
It was gathered that the BDC operator admitted that the suspect paid the Naira equivalent of $4 million into his account in exchange for hard currency.
“We invited the suspect for interrogation on Monday and Tuesday. Our detectives have also conducted a search of his home. Some useful documents were retrieved. The investigation is, however, still in progress.”
“Apart from documents relating to posh properties at home and abroad, a copy of the EFCC Investigation Report on Atiku’s relationship with a jailed U.S. lawmaker, Williams Jefferson, was retrieved.’’
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