The economic and Financial Crimes Commission, Tuesday, recorded another huge cash haul worth N4 billion with the help of a whistle blower.
The anti-graft agency believes the cash is proceed of corruption and has begun manhunt for the suspect, whose names was not made public as at last night.
The Spokesman for EFCC, Wilson Uwujaren, confirmed the cash haul but did not give details.
‘”investigation as to the owner of the funds revealed that the money belongs to a former deputy governorship candidate in Niger State.
“The suspect uses the names of two companies– Katah Property & Investment Limited and Sadiq Air Travel Agency- in laundering the funds.
“Each of the company has N2 billion fixed in its deposit account domiciled in Guaranty Trust Bank.
“The suspected owner of the account and the account officer are currently on the run,” Uwujaren said.
The agency has confiscated huge cash worth billions of Naira in the last one week.