Tuesday, 21 May 2013
EFCC Arrests Two Over $240,000 Illegal Cash
Moghalu Maduakonam
By SaharaReporters, New York
The Economic and Financial Crimes Commission (EFCC ), has separately arrested two men, Moghalu Maduakonam and Esho Femi David, for attempting to smuggle $240,000 out of the country.
The commission said in a statement that the arrests were made on January 23 at the Nnamdi Azikwe International Airport, Abuja. Maduakonam was travelling to Dubai, United Arab Emirates with $200,000.00, which he failed to declare; while David, who was travelling to Istanbul, Turkey, declared only $5,000 out of $40,050 in his possession.
In a related issue, the EFCC said that a Federal High Court sitting Abuja, presided over by Justice Adamu Bello, on Wednesday convicted one Mallam Abulrasheed Ibrahim on charges of money laundering.
According to the EFCC, Ibrahim was arrested on Wednesday, November 7, 2012 by operatives of the commission as he prepared to board a Dubai, United Arab Emirates-bound Ethiopian airline, at the Nnamdi Azikwe International Airport. He had declared the sum of $45,000, but a search revealed an additional $143,858.
Justice Adamu Bello ruled that 25% of the total sum, which is $188,858, be forfeited and paid into the Federal Government Treasury by the court accountant, and the remaining money returned to the convict through his counsel.
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wetin be work of police
Submitted by Anonymous (not verified) on January 29, 2013 - 05:10.
wetin be work of police sef....? Efcc this Efcc that. At least we see how them dey chop for police college. EFCC where una get una own training? Bastards sets of blind men
Any Police in this Country ???
Submitted by Danjuma (not verified) on January 27, 2013 - 19:47.
EFCC is everywhere doing the job that the police does in other countries.
EFCC has not touched the known looters and swindlers. Instead they are busy witchhunting and carrying out economic jihad.
The EFCC is being turned into the economic conterpart of Boko Haram under our very nose. Jonathan wake up !!!
EFCC is wicked
Submitted by Anonymous (not verified) on January 26, 2013 - 20:22.
I was at the airport when this young man was arrested. He had declared his money on customs form but he did not declare on EFCC form as there was non available then. When he proceeded with departure formalities he was arrested. The customs men cautioned the overzealous EFCC operative but he was determined to humiliate a Nigerian to make headlines for EFCC. Now they have ruined the man's reputation with his business partners in Dubai. EFCC is simply a bully. A lot of Nigerians are complaining about their rough tackles while leaving big time thieves alone.
@Sunday Njokede: start using ur head and not you asshole wen...
Submitted by OmonBendel (not verified) on January 26, 2013 - 17:20.
@Sunday Njokede: start using ur head and not you asshole wen posting your comments.
Your drops don't add up sometimes
Rubbish- Political Arrests
Submitted by Anonymous (not verified) on January 26, 2013 - 14:15.
Crap. They did not arrest Umaru Mutallab when he bout a £5millon flat for his son, a student in London. How did he smuggle out the money?
EFCC is a political tool
Submitted by Anonymous (not verified) on January 26, 2013 - 12:20.
The EFCC is undoubtedly a political tool to hunt enemies of government, and the small thieves in Nigeria.
The trial of over 12 former governors are still pending in several courts across the country, Farouk Lawan is still sitting tight in the Federal House of Assembly, the big subsidy thieves are still globe trotting, all the big political thieves are free in Nigeria.
Hence, the EFCC is solely designed to hunt for the small thieves. It is a shame!!
Not impressed.
Dollars in Naija
Submitted by Austin A. (not verified) on January 26, 2013 - 12:12.
So, no investigation on how he came about such colossal sum and how he got dollars when we use Naira in Nigeria. Wonders eh!
EFCC only prosecutes the poor
Submitted by Anonymous (not verified) on January 26, 2013 - 09:47.
EFCC only prosecutes the poor to show they are working! They are not competent in anyway. God will judge them very soon!
What's The Difference Between Lamido And Mrs Farida Waziri?
Submitted by Sunday Njokede on January 26, 2013 - 08:43.
I think Jonathan is still abroad. Anytime he is overseas, he tells the EFCC to get cracking just to deceive international community that he is fighting corruption. But, the foreigners know better that these moves are a fluke.
What manner of Math!!!
Submitted by babasupo (not verified) on January 26, 2013 - 06:15.
25% of $240,000 is NOT $188,858!!!! Common now!!!
so much for fighting corruption
Submitted by maryam bello (not verified) on January 26, 2013 - 05:08.
moghalu is the younger brother of the deputy governor of central bank of nigeria. kingsley moughalu....na wa oh.. so much for fighting corruption
