The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested a man, Hassan Ahmad, for being in possession of the sum of N2 million cash in both old and new currencies amidst the cash crunch in the country.
Ahmad was arrested on Friday by the troops of 33 Artillery Brigade Operation Safe Conduct deployed to Alkaleri in Bauchi State and handed over to the Bauchi State Command of the ICPC.
This was disclosed via a statement issued on Friday by the ICPC spokesperson, Azuka Ogugua.
Ogugua noted that Ahmad was in possession of N900,000 cash in new naira notes and N1.1 million in old naira notes, adding that the funds were being conveyed in a tinted black Hilux vehicle with registration number JMA 85 AZ.
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According to her, the funds, which were packed in a ‘Ghana Must Go’ bag, comprise six bundles of N1,000 new notes of N600,000; six bundles of N500 new notes of N300,000; and old N200 notes of N1.1 million.
The spokesperson of the anti-graft agency said the suspect has confessed that the funds were being moved to Gombe State for a politician.
“Further investigation by the Commission is ongoing,” Ogugua added.
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