The commission said the funds are "suspected to be proceeds of unlawful activity" but no arrests have been made yet. Nigeria has struggled with corruption and looted funds for decades, but the watchdog unit has been on a lucky streak. Earlier in the week, the agency discovered around 250 million naira in cash ($817,000) in a Lagos market and a further 448 million naira cash ($1.5 million) at a shopping plaza.>
Except the cash that I saw were American 100s with Franklin on the front. Roughly, that is about $11M per box. I rough counted about 70 boxes there. That would be about $770M dollars, assuming each pack was 10k of hundreds. I suspect it is.
Also, the tour guide was black. Indicating it was most likely not a European or Arab/Muslim country.
view the rest of the comments →
HugoWeaving ago
This may be related (from CNN): $43 million cash in Lagos Apartment
Blacksmith21 ago
Except the cash that I saw were American 100s with Franklin on the front. Roughly, that is about $11M per box. I rough counted about 70 boxes there. That would be about $770M dollars, assuming each pack was 10k of hundreds. I suspect it is.
Also, the tour guide was black. Indicating it was most likely not a European or Arab/Muslim country.
HugoWeaving ago
Share pics/video of what you saw? I've heard of this but haven't seen it for myself. Thanks.