The total cash when converted using the current rate of the Central Bank of Nigeria amounts to N11,661,314,000.
16 Osborne Towers, Ikoyi, Lagos, a residential apartment where operatives of the EFCC, recovered a humongous amount of money reportedly belongs to a former National Chairman of the People’s Democratic Party (PDP), Ahmadu Adamu Mu’azu.
According to online news medium Sahara Reporters, Mu’azu who was also the governor of Bauchi State in Nigeria between 1999 and 2007, lived in the penthouse of the building anytime he was in Lagos.
A source who spoke with the news outfit said the other residents of the house are former Chief of Air Staff, Adesola Amosu, a former Managing Director at the Nigeria National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue, and Godwin Obla, a senior lawyer and former prosecutor to EFCC.
Sahara reporters alleges that $50m found in the Ikoyi building belongs to a Esther Nnamdi-Ogbue.
Nnamdi-Ogbue, was laid off by the corporation alongside other three top Managing Directors over the ‘missing’ petrol scandal involving Capital Oil & Gas Nigeria Limited owned by businessman, Ifeanyi Ubah.
In line with the whistleblower policy of the Federal Government, the whistleblower is expected to receive nothing less than N500m as a reward.
A source at the EFCC said, “We received a tip-off from a whistleblower regarding the existence of a huge sum of cash in an apartment in Osborne Towers, Ikoyi. We were overwhelmed to see such a huge sum of money.
In a swift reaction to Sahara Reporter’s claim, the former National Chairman of PDP, Mu’azu has disowned the apartment where operatives of the Economic and Financial Crime Commission (EFCC) officers Wednesday discovered more than $50 million hidden behind false walls.
Akin Oyegoke a “Media and ICT Personal Assistant” to Mu’azu denied that the former PDP chair owns the building.
“Mr Muazu does not own any house in Ikoyi except his house at Walter Carrington street, Victoria Island Lagos,” Oyegoke said.