Money Laundering: Traveling Out With $10,000 Or More Attracts Two-year Jail Term, Says EFCC |PoliFocus

The Economic and Financial Crimes Commission, EFCC has made it known that anyone planning to travel out of the country should not be in possession of $10,000 or its equivalent in other currencies, otherwise such a person will be arrested for money laundering and prosecuted.



This was made known by the anti graft agency through its verified Twitter handle.

See the tweet below:

#DYK Travelling out of Nigeria with an excess of $10,000 (or equivalent in other currencies) without declaring to Customs officers is a financial crime that attracts a two-year jail term. #Beware #MoneyLaundering #IgnoranceNotAnExcuse

— EFCC Nigeria (@officialEFCC) March 29, 2018

___________________________________________
If found interesting, don't forget to share the post with your friends and loved ones.

For More Updates Cum News, Please Follow Us On Twitter & Kindly Like Our Facebook Page As Well.

Send us Updates, Gists, Gossips, News & many more using dammygtnet@gmail.com

Related Posts Widget