By Global Information Network
NEW YORK | LAGOS (IDN) – Neatly-bound bundles of fresh U.S. dollars, Nigerian naira and British pounds totalling over $50 million were recovered by an anti-graft “swat team” in a raid at the Osborne Towers, a luxury building in an upscale section of Lagos.
The raid was orchestrated by the Economic and Financial Crimes Commission (EFCC) acting on a new policy targeting corruption and ordered by President Muhammadu Buhari. The policy provides an incentive for whistle-blowers who stand to receive between 2.5 and 5 percent of the recovered amount when ill-gotten gains are found.