Operatives of the National Drug Law Enforcement Agency, NDLEA, have foiled attempt by a syndicate to steal at least N2.7 billion from the Nigerian economy by pushing into circulation fake $4.7 million cash.
According to Director, Media & Advocacy of NDLEA, Femi Babafemi, the operatives had on Friday, February 18, intercepted a consignment sent from Lagos to Abuja at Abaji area of the Federal Capital Territory.
He noted that a controlled delivery of the parcelled counterfeit US dollars totalling $4,760,000 led to the arrest of a principal suspect, Abdulmumini Maikasuwa, 52.
The seizure followed intelligence received by the FCT Command of the Agency detailing the movement of the cash and the vehicle conveying it.