The Economic and Financial Crimes Commission swung into action when they got intelligence report that the sum of N250 million cash was being moved somewhere in Balogun Market, Lagos, for conversion into foreign currency.
By the time the EFCC arrived the location, some of the sum had already been converted into pounds and euros.
The operators at the bureau de change where the money was found said they were helping carry out an instruction to convert on behalf of their boss who was located in the north. Two persons were arrested at the bureau de change office where the money was discovered.
