EFCC Seizes N1.1b Gold At Abuja Airport

The Economic and Financial Crimes Commission (EFCC) has seized gold worth about $3, 131, 412.39 (N1, 127, 308, 460.39) being allegedly exported to Dubai, United Arab Emirates, illegally.
It named one Abba Ali Yahaya as the brain behind the deal.

Apart from impounding his passport, about €112,000 undeclared by Abba, has also been forfeited over alleged violation of the nation’s Money Laundering (Prohibition) Act.

The precious metal was handed over to the suspect by a syndicate of illegal miners operating in Zamfara State. Can you imagine, all that money in cash?