REVEALED: Whereabouts Of N275m Allegedly Confiscated By DSS At Bauchi Airport Shrouded In Mystery

Operatives of the Department of State Security(DSS) last Friday at the Abubakar Tafawa Balewa International Airport in Bauchi state seized an amount of cash totaling two hundred and seventy five million naira (N275,000,000.00) en route the federal capital territory(FCT) Abuja.

A source at the airport revealed that the cash was made of N250million and $70,000.00 was being ferried to Abuja and allegedly owned by a commercial bank(name withheld)

An eagle-eyed DSS operative was not convinced by reasons advanced by the lone escort of the humungous amount of cash and sought a CBN authorisation allowing transit of cash of that volume .

The inability to produce authorisation compelled the DSS operative to call for back up leading to the confiscation of the cash brought in unmarked sacks.

However, the whereabouts and purpose for the seized funds earlier reported to have been deposited into the custody of the CBN is currently shrouded in mystery, NewsDaily Online has reported.