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Money Laundering : Nigeria Customs Intercepts Toyota Corolla Conveying ₦71m In Katsina
Customs intercept Toyota Corolla conveying ₦71m cash meant for laundering in Katsina.
The command said also intercepted eight vehicles with the total value of ₦14.4 million in November.
The Nigeria Customs Service (NCS) last month intercepted a vehicle loaded with more than ₦71 million cash suspected to be for money laundering along the Jibiya axis in Katsina State.
In a press statement, the Acting Controller at the command, Alhaji Dalhat Wada-Chedi, said that the money was found inside the boot of a Toyota Corolla.
“We intercepted the money with the vehicle and also arrested the driver of the vehicle along Katsina-Jibia axis which is among the frontline areas affected by insecurity.
“This money was intercepted along the border area inside the booth of a Toyota Corolla vehicle following intensified effort of our operatives along that axis.
“As you know, the borders are still closed, and any person passing through the border must declare money above 10,000 dollars.
“We brought the money, the suspect and the vehicle, and we deposited the money at the CBN after we reported to our headquarters.
“We have offered an administrative bail to the suspect because investigation is still on-going; in fact, we have transferred the case to the headquarters,’’ he said.
Wada-Chedi also said that the command also intercepted eight (8) vehicles with the total value of ₦14.4 million in November.
