A Nigerian judge has ordered the seizure of a flat linked to the former head of the country’s National Intelligence Agency after more than $43m in cash was found during an anti-corruption raid.
Judge Saliu Seidu, sitting at the federal high court in Lagos, said the apartment in the upmarket Ikoyi area of the city should be temporarily forfeited to the government, pending any challenge within 14 days.
Acting on a tip-off, agents from Economic and Financial Crimes Commission raided the property on 12 April this year and discovered just under $43.5m (£33.1m).
They also found £27,800 as well as 23.2m naira (£49,600), the court was told.
Nigeria was one of the largest recipients of aid from the UK, with £263m given.
Most assuredly that’s not the actual cash. But money is fungible….