Mr Babafemi also said the seizure followed intelligence received by the FCT Command of the agency detailing the movement of the cash.
“The national secretary, therefore, reaffirmed FUTO alumni association’s position that Pantami’s appointment was inexplicable and questionable.”
“You can imagine somebody dishing out $100 as alms to a beggar, not knowing that such (a) person had more than that amount on her. Won’t the beggar return to the same location?”
“Consequently, the CBN is opposed to the passage of the proposed bills for the repeal and re-enactment of the existing Money Laundering (Prevention) Act 2011.”
The funds were proceeds of sale of various spiritual materials and items belonging to the church, police prosecutor said.
House of Representatives’ former deputy speaker, Azis Syamsuddin, to three and half years in jail for his involvement in a bribery case.
His brother, Juan Antonio ‘Tony’ Hernández, was sentenced to life in prison on drug and weapons charges in March 2021.
The EFCC on Tuesday presented details of 24 properties worth N10.9 billion forfeited to the federal government by military officers.
