The Economic and Financial Crimes Commission (EFCC) has intercepted N49m hidden in bags at the Kaduna airport.

According to Punch, operatives of the anti-graft agency’s Kaduna zonal office made the discovery on Tuesday, March 14, 2017.

Speaking to newsmen, the EFCC Kaduna zonal head, Ibrahim Bappa said his men were alerted by the crisp smell of notes coming from the bags that were un-accompanied.

According to Premium Times, Bappa said “The owner of the money later showed up but couldn’t state the exact money in the sack or present any document authenticating the genesis of the money.


“However, his inability to give any concrete explanation made him become uncomfortable and he disappeared into thin air before the arrival of EFCC operative.”

Adding that “upon scrutiny of the contents of the sack, it was discovered that they contained fresh crispy naira notes of N200 denomination in 200 bundles totalling N40 million and N50 denomination in 180 bundles totalling N9 million.”


He said “Investigation into the case is on top gear with a view to identifying owner and apprehending all those behind the crimes.”

Bappa also revealed that the money had seals, showing that it could have come directly from the Nigeria Security Printing and Minting Company.