The Economic and Financial Crimes Commission (EFCC) conducts an investigation of Mr Okorie Sunday after the Nigeria Customs Service (NCS) detained him at Murtala Muhammed International Airport, Lagos with $578,000.
Dele Oyewale from the EFCC emphasized in his Saturday statement that court proceedings would follow the investigation of the suspect named Mr Okorie Sunday.
The Area Comptroller of Customs at the airport identified by Effiong Harrison delivered the suspect to passing custody of the EFCC on Friday because of false currency declaration.
Sunday flew into the nation from Johannesburg, South Africa on a Wednesday where he presented $279,000 to the Currency Declaration staff.
During inspection customs officials found $299,000 hidden in separate packages until they discovered the full undeclared sum reached $578,000 which resulted in his arrest.
The inspection of the suspect discovered additional tucked containers with €100 and a counterfeit $250 note which together caused more severe legal consequences regarding currency declaration rules.
According to Harrison the illegal action breaches the Money Laundering Prohibition Act 2011 since it requires persons to disclose sums above $10,000 or their foreign value during entry and exit procedures.
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The $578,000 will move to the EFCC under official direction from Comptroller-General Adewale Adeniyi Harrison.
The Acting Zonal Director for EFCC’s Lagos Command Ahmed Ghali expressed appreciation to Customs for their assistance in addition to stressing that inter-agency cooperation stands essential.
According to Ghali the authorities came to seize control of a South African passenger who declared cash falsely to authorities when entering the country.
The public needed to declare any sums exceeding $10,000 during entry or exit from Nigeria due to existing money laundering rules.
Ghali warned citizens to stay away from making false declarations since he promised that anti-transparency efforts would get caught by existing laws.
The governor stated that the authorities will not allow any actions which damage the economy or financial system because these offenses elevate money laundering risks alongside economic turbulence.
Such deceptive actions create a negative impression that makes Nigeria appear like a fraud hotspot based on his viewpoint.
The leader committed to work collaboratively for enhancing the strength of both financial frameworks and economic structures.
