TheCitizen - It's all about you
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials
No Result
View All Result
TheCitizen - It's all about you
No Result
View All Result

NDLEA freezes N4.3bn in suspect’s 126 bank accounts

The Editor by The Editor
January 8 2023
in Financial Crimes, Headlines
A A
0
Marwa seeks drug tests for varsity students, NDLEA campus outposts

NDLEA boss, Buba Marwa

22
SHARES
734
VIEWS
Share on FacebookShare on Twitter

The National Drug Law Enforcement Agency has frozen 126 bank accounts belonging to a suspected drug lord, Nsofor Chukwukadibia.

The accounts domiciled in various commercial banks, had cash inflows of N4.3bn and outflows of N7.9bn, while over N50bn had passed through them.

This was contained in court documents obtained by our correspondent in Abuja on Friday.

Chukwukadibia was arrested last October following the discovery of a large consignment of drugs worth N8.8bn from one of his mansions in the highbrow Victoria Garden City, Lekki area of Lagos.

The substances were contained in hundreds of cartons kept in the house, according to a statement by the NDLEA Director of Media, Femi Babafemi.

Sequel to the investigations into Chukwukadibia’s drug trafficking empire, the NDLEA last week uncovered domiciliary accounts with $381, 794.19 (about N267,255,933) , £5,543.24 and another N100m.

The NDLEA has also confiscated 20 mansions belonging to the suspected drug baron located in Lagos, Abuja and the South-East.

Six of the buildings were located in Victoria Garden City, it was learnt.

“Though he claimed to have sold the mansions in the South-East, investigation is going on to ascertain his claims. Meanwhile, he is due to face drug trafficking and money laundering charges soon,’’ according to senior official.

It was further learnt that the NDLEA also seized nine vehicles, including three bulletproof SUVs from Chukwukadibia’s residences.

In a related development, the drug agency has struck an agreement with India to block the illegal importation of tramadol from the Asian country.

This is expected to significantly reduce the shipping of tramadol and other banned drugs into Nigeria in addition to the successful operations against the drug barons which had led to the crippling of their criminal networks across the country.

Share9Tweet6
Previous Post

Lawmakers’ planned severance packages exceed RMAFC provision – Report

Next Post

Shake-up in army

Related Posts

Tinubu nominates ex-INEC chair, Ugwuanyi, Fani-Kayode, Omokri, 28 others as ambassadors
Headlines

BREAKING: Tinubu approves posting of 65 ambassadors, high commissioners

March 6 2026
Insecurity: Boko Haram members found in Army recruitment list – Rep member
Headlines

Borno: Hundreds still missing after Boko Haram attack

March 6 2026
BREAKING: INEC moves 2027 presidential poll to January 2027
Headlines

BREAKING: INEC moves 2027 presidential poll to January 2027

February 26 2026
EFCC detains five Katsina revenue officials for alleged N1.3bn fraud
Financial Crimes

Fraudsters laundering money, hiding proceeds in real estate – EFCC

February 25 2026
N432bn theft: El-Rufai sues Kaduna Assembly, challenges probe
Financial Crimes

Court adjourns El-Rufai’s arraignment to April 23

February 25 2026
BREAKING: Tinubu decorates Disu as acting Police IG
Headlines

BREAKING: Tinubu decorates Disu as acting Police IG

February 25 2026
Next Post
Military will not rest until Book Haram is annihilated, says Army Chief

Shake-up in army

CBN bans over-the-counter withdrawal of new notes

Customers protest as banks begin enforcement of cash limits

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

FROM THE GRASSROOTS

Cross River Assembly sacks LG vice chair over misconduct

Cross River Assembly sacks LG vice chair over misconduct

by The Editor
February 24 2026
0

...

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

Ogun State refutes Prince Kuye’s endorsement as Awujale of Ijebuland

by The Editor
February 22 2026
0

...

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

Umahi’s son Osborne, picks LG chairmanship form in Ebonyi

by The Editor
January 20 2026
0

...

Ogun State cancels Awujale selection process

Ogun State cancels Awujale selection process

by The Editor
December 18 2025
0

...

APPOINTMENTS

Rivers State not for political war, says Fubara

Fubara appoints new Chief of Staff, SSG

by The Editor
February 26 2026
0

...

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

Tinubu accepts Egbetokun’s resignation, names Tunji Disu acting IG

by The Editor
February 24 2026
0

...

Tinubu confers GCON on business associate, Chagoury

Tinubu confers GCON on business associate, Chagoury

by The Editor
January 20 2026
0

...

FG targets Dana Air assets to refund trapped passenger funds

FG reshuffles NCAA directors amid corruption allegations

by The Editor
December 26 2025
0

...

ODDITIES

Nigerian nurse loses licence for sleeping during shift in Australia

Nigerian nurse loses licence for sleeping during shift in Australia

by The Editor
January 24 2026
0

Woman battling cancer seeks second wife for sex-starved husband

Woman battling cancer seeks second wife for sex-starved husband

by The Editor
December 27 2025
0

Man kills cousin over ₦1,000 burial refund in Delta State

Man kills cousin over ₦1,000 burial refund in Delta State

by The Editor
December 22 2025
0

GLOBAL NEWS

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

Saudi Arabia bans poultry, eggs from Nigeria, others over health concerns

by The Editor
February 25 2026
0

...

Russian spy agency takes over Wagner operations in Africa

Russian spy agency takes over Wagner operations in Africa

by The Editor
February 21 2026
0

...

Trump rules out contesting for vice president to stay in power after 2028

Trump hikes US global tariff rate to 15%

by The Editor
February 21 2026
0

...

Gabonese Presidency defends social media shutdown

Gabonese Presidency defends social media shutdown

by The Editor
February 21 2026
0

...

Iran vows resistance amid US nuclear talks

Iran vows resistance amid US nuclear talks

by The Editor
February 21 2026
0

...

State of the States

Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

by The Editor
February 26 2026
0

...

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

Gov. Zulum approves N12.9bn aeronautics scholarship for 54 Borno students

by The Editor
February 21 2026
0

...

Ogun: Royal houses reject candidate for new Olowu

Residents protest as bandits attack Ondo community, abduct couple

by The Editor
February 21 2026
0

...

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

Labour leaders hail Gov. Mbah after consultative meeting as new welfare packages excite workers

by The Editor
February 18 2026
0

...

Plugin Install : Widget Tab Post needs JNews - View Counter to be installed
  • Trending
  • Comments
  • Latest
Tinubu nominates ex-INEC chair, Ugwuanyi, Fani-Kayode, Omokri, 28 others as ambassadors

BREAKING: Tinubu approves posting of 65 ambassadors, high commissioners

March 6 2026
Insecurity: Boko Haram members found in Army recruitment list – Rep member

Borno: Hundreds still missing after Boko Haram attack

March 6 2026
Disu declares total war on police corruption, impunity

Disu declares total war on police corruption, impunity

February 26 2026
Lagos shuts Lekki–Epe Expressway for repairs

Lagos shuts Lekki–Epe Expressway for repairs

February 26 2026

EDITORIAL REVIEW

Escaping Nigeria’s looming debt trap – Punch

Escaping Nigeria’s looming debt trap – Punch

by The Editor
February 20 2026
0

Tinubu denies Christian, Muslim genocide in Nigeria

Pay local contractors – Punch

by The Editor
February 4 2026
0

Drug tests for public office aspirants, a must – Punch

Drug tests for public office aspirants, a must – Punch

by The Editor
January 9 2026
0

Economy in 2026: From risk to recovery – Punch

Economy in 2026: From risk to recovery – Punch

by The Editor
January 2 2026
0

FG launches digital platform to transition to paperless operation

LGs: Executive Order opposes federalism – Punch

by The Editor
December 30 2025
0

Opinion

SEC explains licence grant to two crypto exchanges in Nigeria

New cryptocurrency tax regime in Nigeria

by The Editor
January 20 2026
0

...

Air Peace pledges free evacuation, medicals for trafficked Nigerian girls in Ivory Coast

No, Nigerian airfares are not the cheapest

by The Editor
December 29 2025
0

...

Tax document fraud: Governance and trust deficit

Tax document fraud: Governance and trust deficit

by The Editor
December 22 2025
0

...

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

Peter Mbah’s visionary leadership and the rebirth of security in Enugu State

by The Editor
December 8 2025
0

...

Plugin Install : Popular Post Widget need JNews - View Counter to be installed
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.

No Result
View All Result
  • Home
  • Headlines
  • Latest News
  • Governance
  • Business
  • Financial Crimes
  • Opinion
  • Editorials

© 2026 TheCitizen Ng. All Rights Reserved.