The Economic and Financial Crimes Commission (EFCC) on Friday arrested a Lebanese Abbas Lakis at the Nnamdi Azikiwe International Airport, Abuja for money laundering offence.
A statement by the EFCC revealed that Mr Lakis was arrested following intelligence report that he had on him undeclared huge sums of money aboard the EgyptAir flight which brought him from the Kano Airport en route Lebanon.
EFCC operatives ran a thorough search on his luggage and uncovered $2,104,936; £163, 740; €144,680 and several other currencies.
The foreign currencies have an estimated value of N940million.
“At the point of arrest, a thorough search on his luggage, uncovered $2,104,936 (Two Million, One Hundred and Four Thousand, Nine Hundred and Thirty six Dollars), £163, 740 (One Hundred and Sixty Three Thousand, Seven Hundred and Forty Pounds), €144,680 (One Hundred and Forty Four Thousand, Six Hundred and Eighty Euros).
“Other currencies found with Lakis include Riyal 391,838 (Three Hundred and Ninety One Thousand, Eight Hundred and Thirty Eight Riyals), CHF 3,420 (Three Thousand Four Hundred and Twenty Swiss Franc),Lira 435 (Four Hundred and Thirty five Lira), £109,000 (One Hundred and Nine Thousand Lebanese Pounds), Dirhams 10,135 (Ten Thousand One Hundred and Thirty Five UAE Dirhams) ¥10,000 (Ten Thousand Chinese Yuan) and Riyal10 (Ten Qatar riyal), in his possession,” the EFCC said.
The EFCC statement concluded that Lakis will be charged to court as soon as investigations are concluded.
