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Reading: $12billion Has Been Taken Out of Nigeria in 3years – EFCC Boss Ibrahim Lamorde
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$12billion Has Been Taken Out of Nigeria in 3years – EFCC Boss Ibrahim Lamorde

Farouk Mohammed
By Farouk Mohammed
Published: August 18, 2015
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Ibrahim Lamorde, chairman of the Economic and Financial Crimes Commission, EFCC, $12.058 billion has been transported out of Nigeria in the past 3 years.

Lamorde made the disclosure while speaking at the opening ceremony at the opening ceremony of a five-day inter-agency training programme on, Cross Border Financial Investigation organized by the United States Department of Homeland Security; DAILY POST reports.

He said currency declaration in 2012 was $9.9 billion. In 2013, it dropped to $1.324 billion as Nigeria stepped up surveillance at the airports.

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”There was a further drop in 2014 as currency outflows recorded an all- time low of $807,585,061.70″.

Lamorde has been EFCC Chairman since 2012.

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ByFarouk Mohammed
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Farouk Mohammed is a Head Editor at Okay Nigeria (Okay.ng). He has been publishing for 10 years and focused more on Local/World News on Okay.ng
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