5 things to know about $50M recovered in Ikoyi home

(Endowed Blogs.)

The Economic and Financial Crimes Commission (EFCC) has recovered about $50 million from a home in Lagos State.

The EFCC made the discovery on Wednesday, April 12, after being tipped off by a whistle blower.

Here are five things you should know about the recovered cash:

1. The money is in various currencies; $43 million, £27,000 and N23 million.
2. The cash was found hidden in fire-proof safes.
3. It was found in a flat on Gerrard Road, Ikoyi.
4. The flat allegedly belongs to a former Managing Director of theNigerian National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue.
5. The building, which houses the flat, allegedly belongs to formerPeoples Democratic Party (PDP) Chairman, Adamu Muazu.

ALSO READ: Adamu Mu'azu reportedly owns property raided by EFCC

Nnamdi-Ogbue also made headlines in 2016 when it was alleged that her chef stole $6 million worth of cash and jewelry from her.