Showing posts with label N100m. Show all posts
Showing posts with label N100m. Show all posts

Tuesday, October 23, 2012

Arrested currency smuggler forfeits over N100m to federal govt



You guys remember the bulk currency smuggler, Abubakar Tijani Sheriff, who was arrested on the 27th of September at the Murtala Muhammed International while attempting to smuggle about $7million out of the country? Well, he appeared before a Federal High Court today in Lagos and he got some of his seized money back, and lost quite a lot to the federal government of Nigeria.

The court asked EFCC to return the $4.5million he declared at the airport when he was traveling while he should forfeit 25 percent of the money he didn't declare to the Federal Government.

ST

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