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Just In: How CBN gave NIA the N13 billion uncovered in Ikoyi, Lagos, apartment

The controversial haul of cash in local and foreign currencies recovered by the Economic and Financial Crimes Commission (EFCC) from a residential apartment at Osborne Towers, Ikoyi, Lagos, is part of the N57.2 billion released to the National Intelligence Agency (NIA) by the Nigerian government in February 2015, PREMIUM TIMES can report.

The funds were approved by the office of the National Security Adviser (NSA), and disbursed in cash by the Central Bank of Nigeria (CBN).

The then NSA, Sambo Dasuki, had claimed he was approving the funds for “special services” he mandated the NIA to undertake.

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