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Man with N2m in old and new cash arrested in Bauchi

Saturday, 25 February 2023, 9:30 am
in News, Nigeria
0
Man with N2m in old and new cash arrested in Bauchi
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The Bauchi State Office of the Independent Corrupt Practices and other related offences Commission (ICPC) has taken a man in possession of the sum of two million naira cash in both old and new currencies amidst the cash crunch being witnessed in the country.

Have you read? EFCC intercepts N32.4m meant for vote buying in Lagos

The Commission in a statement released on its Twitter handle stated that the man by name Hassan Ahmad, was ferrying the money to a politician.

The suspect was arrested on Friday by the Troops of 33 Artillery Brigade Operation Safe Conduct deployed to Alkaleri in Bauchi State and handed over to the Bauchi State Office of the anti-graft agency.

Ahmad was in possession of N900,000 cash in new naira notes and N1.1m in old naira notes and the funds were being conveyed in a tinted black Hilux vehicle with registration number JMA 85 AZ.

The funds, which were packed in a “Ghana Must Go: bag, comprise six bundles of one thousand naira new notes of N600,000; six bundles of five hundred naira new notes of N300,000, and old two hundred naira notes of N1.1 million.”

The suspect is reported to have confessed that the funds were being moved to Gombe State for a politician.

Nnamdi Maduakor
Nnamdi Maduakor

Nnamdi Maduakor is a Writer, Investor and Entrepreneur

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