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Nigeria’s spy chief suspended after $43 million seized from apartment

Lagos, Nigeria (CNN) Nigeria’s spy chief has been suspended amid reports that a $43 million stash seized in a widely trumpeted apartment raid belonged to his agency.

Nigerian President Muhammadu Buhari suspended Ayodele Oke, director-general of the National Intelligence Agency, over the April 12 raid, Buhari aide Femi Adesina said.
When Nigeria’s anti-corruption agency raided an upscale apartment in Lagos, Nigeria’s largest city, agents found more than $43 million as well as 23.2 million naira (Nigerian currency worth about $76,000) and £27,800 (about $35,000).

At the time, the Economic and Financial Crimes Commission said the funds were suspected to be linked to unlawful activity.

But according to local media reports, Oke eventually admitted his agency was responsible for the cash, saying it was being stored for covert operations.

An investigation has been launched into how the National Intelligence Agency got the money, including who authorized the funds’ release to the agency, Adesina said. A panel headed by Nigerian Vice President Yemi Osinbajo will carry out the probe and report to Buhari within the next two weeks, Adesina said.

Nigeria has struggled with corruption and looted funds for decades. The anti-corruption unit has scored a number of cash seizures this year after Nigeria’s finance minister announced a new whistleblowing policy in December.

Raids this month

The anti-graft agency said it raided the Lagos apartment after a tip about a “haggard” woman in “dirty clothes” taking bags in and out of the unit.

Earlier this month, the agency discovered around 250 million naira in cash ($817,000) in a Lagos market and 448 million naira in cash ($1.5 million) at a shopping plaza.
Those seizures were widely credited to a new policy in which whistleblowers can anonymously provide information through a secure portal. If the information leads to the recovery of stolen public funds, the whistleblower is entitled to 2.5% to 5% of the total money recovered.

CNN

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7 comments

  1. father of love (never gives up in love) United States

    Hhhhhhmmmmm na waooo

  2. This is an example of the so called ( English culture) people are dying for.Federal state oyééééé !!!

    • LOL. That’s the point, Africans are Africans no matter what language their mother’s rapist left behind for them to use and to help them discriminate each other today, decades later based on that language their master spoke!

  3. I dont see the relationship between this obvious high level public administration catch and the other 2 which may of been a commecial collective kitty for ligitimate buisesses .Germany has the highest use of cash in europe, so even there, the cash intake at markets and shopping malls if collected altogether may be these amounts too..
    All countries worldwide have to obblige public admin payment limits in physical cash payments ,its their duty to have an impartial third party,like a bank ,give a secondary recipt to the citizen.

  4. @ Colby. Tu as raison, ça c‘est la culture ANGLO SAXONNE COMME CE QU‘ILS FONT EN AFR DU SUD (XENOPHOBIE, VIOLENCE, APARTHEID). Si on se sépare, on aura toujours des problèmes à cause “des ambazonian refugees“ qui auront des passports Kmers (merci Kumba). N‘est ce pas la 1ère position de transparency nous avait été légué par le Nigéria via ces meme gens à cause de leurs origines biafraise.

  5. The Anglo-Saxon legacy! Pima! L egoisme chez les leadeurs africains reste têtu quelqu en soit leurs regions. Incroyable que quelqu un ait cette somme d argent dans sa maison.

  6. Sponsors of Boko Haram uncovered unwittingly.