The Economic and Financial Crimes Commission has arrested one Sani Abdullahi at the Mallam Aminu Kano International Airport, Kano, on suspicion of money laundering.
Abdullahi was arrested on December 31, 2018, aboard Ethiopian Air en route Kano to China. He allegedly failed to declare the $207,000 in his possession to the authorities.
The acting EFCC spokesman, Tony Orilade, disclosed in a statement in Abuja on Wednesday that the suspect declared $86,000 but concealed $121,000.
“The concealed sum was discovered after he was searched by operatives of the Commission. It is an offence contrary to the Money Laundering Act 2011 (as amended),” it stated.
The anti-graft agency explained that the suspect, who has been granted administrative bail, would soon be charged to court.