The Economic and Financial Crimes Commission (EFCC) has seized gold worth about $3, 131, 412.39 (N1, 127, 308, 460.39) being allegedly exported to Dubai, United Arab Emirates, illegally.
It named one Abba Ali Yahaya as the brain behind the deal.
Apart from impounding his passport, about €112,000 undeclared by Mr. Yahaya, has also been forfeited over alleged violation of the nation’s Money Laundering (Prohibition) Act.
The precious metal was handed over to the suspect by a syndicate of illegal miners operating in Zamfara State.
The anti-graft agency is already on the trail of four members of the said syndicate said to have perfected ways of beating security agencies at the nation’s airports.
