By Michael Eboh
Economic and Financial Crimes Commission, EFCC, yesterday, raised an alarm that some unscrupulous individuals have resorted to another method of money laundering, stating that these criminals smuggle out raw gold from Zamfara state to foreign countries.
In a statement in Abuja, Acting Chairman of the EFCC, Ibrahim Magu, who stated this while receiving a delegation from British’s Serious and Organised Crime Joint Analysis, SOCJA for West Africa in Abuja, disclosed that the smuggled gold are laundered into cash outside the country by these unscrupulous individuals.
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Money laundering: Unscrupulous elements smuggling raw gold from Nigeria – EFCC
