Thursday, 3 September 2015

Nigerian police arrest Nigerian with N1bn cash

A Nigerian carrying 4.6m Euros (N1.05bn) in cash has been arrested by the police authorities in Niger republic, Punch reports.
The Nigerian police said they suspected that the man was fleeing with the money before he was arrested at the Diori Hamani Airport in Niamey, the capital of Niger, en route Dubai in the United Arab Emirate.

The authorities said the man might be trying to flee Nigeria with the cash due to the ongoing fight against corruption by President Muhammadu Buhari.
They expressed concern in the sudden increase of Nigerians trafficking huge sums of money in cash through the neighbouring country.
The authorities in Nigeria on Wednesday denied any knowledge of the cash seizure in the neighbouring country though the customs officers in Niger were already kicking against repatriating the cash to Nigeria.
A media report in Niger on Saturday said the National Union of Customs Officers at a press briefing “denounced the request of the Nigerian authorities” to return the seized money.
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