Nigeria News

EFCC arrests man with N30m new notes

25 Feb 2023
EFCC arrests man with N30m new notes

Abdulrasheed Bawa, the chairman of the Economic and Financial Crimes Commission, has disclosed that the anti-graft agency detained a man in possession of N30 million in new naira notes.

He revealed it in an interview on Television Continental's "Your View" show.

“Just yesterday, we arrested somebody with N30 million of the new Naira notes and the question is where did he get the money? How did he get it?

“With the policy you are expected to get N100,000 from the Automated Teller Machine and N20,000 from the counter in a week. So where did he get N30million?,” Bawa inquired.

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