Connect with us


EFCC Once Again uncovers Huge Sums of Dollars, Pounds and Naira in an Apartment in Ikoyi



The whistle blowing policy of the Federal Government is paying off positively as the Economic and Financial Crimes Commission today stormed a residential building in the 7th Floor of a four – bedroom apartment at Osborne Towers located at 16, Osborne road Ikoyi, Lagos, where a humongous find of foreign currencies and Naira notes to the tune of $43.4m, £27,800 and N23.2m was uncovered.

The operation followed a whistle blower’s confidential alert received by the Commission’s Lagos office this morning regarding some noticed suspicious movement of bags in and out of a particular apartment in the building. According to the source, the movers of the bags, make believe that they bring in bags of clothes.

Another source who is conversant with the apartment of interest indicated that some woman usually appeared on different occassion with Ghana Must Go bags. ” She comes looking haggard, with dirty clothes but her skin didn’t quite match her outward appearance, perhaps a disguise”, the source said.

On getting to the building, operatives met the entrance door locked. Inquiries from the guards at the gate explained that nobody resides in the apartment, but some persons come in and out once in a while. In compliance with the magisterial order contained in the warrant, the EFCC used minimum force to gain entrance into the apartment.

Monies were found in two of the four bedroom apartment. Further probe of the wardrobe by operatives in one of the rooms, was found to be warehousing three fire proof cabinents disguisedly hidden behind wooden panels of the wardrobe. Upon assessing the content of the cabinets, neatly arranged US Dollars, Pound Sterling and some Naira notes in sealed wrappers.

Preliminary findings indicate that the funds are suspected to be proceeds of unlawful activity. The facility is said to be owned by Osborne Towers Resident Association. Investigations are still ongoing.

See more photos of the raid below:

Watch the video below:

Source: Facebook – Economic and Financial Crimes Commission


  1. Mrs Pangolo

    April 12, 2017 at 9:01 pm

    Choi…and children are dying of common diarrhea! In this same Nigeria?! Please let them not chop it ooo
    …I already see some wraps out and about, where is the money they were holding?

    • keke driver

      April 13, 2017 at 11:15 am

      Hell is going to be home to a lot of people…No fear at all, how do you steal so much and sleep at night?

  2. A

    April 12, 2017 at 9:02 pm

    But why?…this is wickedness… May God continue to expose them

    • osa

      April 12, 2017 at 9:29 pm

      “What becomes of the money?” is the big question!

  3. Anisa

    April 12, 2017 at 9:08 pm

    Okay great news, But what does EFCC do with all the uncovered amounts?
    If anyone knows, please shed som and light.

  4. nnenne

    April 12, 2017 at 9:58 pm

    The more they find, the more expensive life becomes.
    Even the EFCC boss does not know and cannot tell how much
    they collected.

    • bam bam

      April 13, 2017 at 12:07 am

      they become “exhibits” and are tendered in evidence before a court of law. They remain so until a court of law makes a decision as to what should be done with the money

  5. madman

    April 12, 2017 at 10:20 pm


    • funmilola

      April 12, 2017 at 11:50 pm

      no be small madman

    • saide

      April 13, 2017 at 10:02 am

      what do you expect?there has to be entertainment for the people,afterall BBN don finish

  6. Ekene

    April 12, 2017 at 10:23 pm

    I only need one bundle.

  7. m

    April 12, 2017 at 10:38 pm

    Could this be real? Looks like blood money though

    • Dhoney

      April 13, 2017 at 12:41 am

      ……you seem to have some experience in this BMI (Blood Money Inc). Sir how are u able to differentiate btw real and blood money ?…I am just curious !

  8. Yetty

    April 13, 2017 at 1:33 am

    Aiye akamara…aiye ma nika

  9. horpsy

    April 13, 2017 at 3:43 am

    ahahhhahahhahahaha! e beru Olorun oooo . Aye ma ni ika oo. In this same country.

  10. justfabulous

    April 13, 2017 at 4:30 am

    see life problems resolutions! Efcc please dash me one bundle.

  11. smackdwown

    April 13, 2017 at 4:56 am

    All this money they are uncovering up and down means nothing jare. Find me the thieves, name, and shame them, and throw them in jain. Then maybe I will applaud EFCC.

  12. Esanblood

    April 13, 2017 at 7:25 am

    When children are suffering many running to Libya

  13. com.USMAN Bada

    April 13, 2017 at 7:26 am

    I suggested death penalty on thief.

  14. Femi Akindele

    April 13, 2017 at 9:30 am

    Where does EFCC keep this kind of huge amount of money before and after the court decides it is to be confiscated?

  15. Random

    April 13, 2017 at 9:45 am

    Chineke mo!. See life o! All I need is 15.5m for my masters degree, and see money being displayed like goods for sale.

    • just negodu

      April 13, 2017 at 11:25 am

      15.5m for masters degree…… efulefu

  16. Kolaoffa

    April 13, 2017 at 8:11 pm

    Ha ha ha this is money ooO and people are working like clock no salary

  17. hilson

    April 13, 2017 at 9:11 pm

    Death sentence for the owner please and tell us where the money will be kept so we can applaud your effort to make our country thiefless

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Tangerine Africa
Sign up on Netflix

Star Features