Home News Presidency Moves To Identify Owner Of Seized $43.4m Lagos Loot

Presidency Moves To Identify Owner Of Seized $43.4m Lagos Loot

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...President Muhammadu Buhari...said to be interested in the issue of the loot...

More twists are still being revealed in connection with the seized multi million dollar loot discovered in Ikoyi, Lagos last Wednesday as the Presidency has officially stepped in.

It can be confirmed that President Muhammadu Buhari has directed the Attorney-General of the Federation (AGF) and Minister of Justice, Mallam Abubakar Malami (SAN), to get status reports on the money from the EFCC and the National Intelligence Agency (NIA) which is claiming ownership of the cash.

It had earlier been reported that the NIA had claimed ownership of the $43,449,947, £27,800 and N23, 218,000 seized Wednesday by the EFCC from Osborne Towers, a luxury residential complex in Ikoyi, Lagos, owned by ex-National Chairman of the Peoples Democratic Party, PDP, Mr. Adamu Muazu.

According to reports, the Director-General of NIA, Amb. Ayo Oke, personally briefed the President on Thursday morning at his residence in the presence of the AGF after which the President gave an order that the cash be kept in the Central Bank (CBN).

He also directed that the AGF should get official brief from NIA and EFCC and examine the circumstances surrounding the recovery and come up with a report.

However, Oke left the President’s residence to brief Vice President Yemi Osinbajo and the National Security Adviser, Gen. Babagana Monguno, and later had audience with the DG of DSS, Alhaji Lawan Daura to brief him accordingly.

The AGF subsequently invited both agencies to brief him on the situation and has all the details and may explain the cash status to Nigerians after clearance from Buhari with a view to laying the controversy to rest.

Malami having received reports from the two agencies will report back to the President before making an official declaration on the status of the money which has led to a number of controversies.

Credit: thewillnigeria.com

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