Why We Kept $43M, £27,000, N23M In Private Residence – NIA

Why We Kept $43M, £27,000, N23M In Private Residence - NIA

As the National Intelligence Agency, NIA continues to lay claim to the ownership of about N13 billion discovered in Ikoyi Lagos apartment by the Economic and Financial Crimes Commission, EFCC, it gives reasons why it has kept the money.

A source at the NIA said that the money was approved by the former President Goodluck Jonathan to implement some special projects and keeping it in a private apartment is a standard culture of NIA everywhere in the world.

The source said that Director General of NIA had one hour conversation with the Acting Chairman of EFCC, Ibrahim Magu on why the ant-graft agency should not storm the place but he refused.

According to the source, NIA will apply officially to reclaim the funds, adding, “President Muhammadu Buhari knows about it and has even seen some of the projects the funds were being expended on.”

The $43 million, £27,000 and N23 million was recovered from a building on Osborne Road, Ikoyi, Lagos and had since been forfeited to the Federal Government.

“This is how such money is been kept for intelligence everywhere in the world and it is done to keep off suspicion,” the source said.

“Such monies are kept in safe houses in residential areas so as not to arouse suspicion. It is the practice everywhere in the world.”

Meanwhile, Rivers State Government had engaged in prayer session, claiming that the money belongs to it.

The State Governor, Nyesom Wike had called on Christians in the state on Easter Sunday to pray so that the monies could be released to the government.

Wike explained that since large chunk of money used by the All Progressives Congress, APC during the 2015 presidential election came from Rivers State, the recovered Ikoyi money belonged to the state.