Customs arrest suspects with $2.7m at Lagos airport

Murtala Muhammad Airport Command of the Nigeria Customs Service has intercepted $2.7m (or N432m) from five suspected money launderers while attempting to travel abroad.

The Public Relations Officers of the command, Mrs. Thelma Williams, told theNews Agency of Nigeria on Monday in Lagos that the arrests were made between January and March 2013.

She said the command also arrested 12 suspects with $13.8m (N2.2bn) dollars from September to December 2012.

Williams said there was no law banning travellers from taking money out of the country but the money must be declared by the traveller before being taken out.

She said, “From $10,000, there must be a declaration. We have a form there on which travellers make a declaration stating the source of the money they are carrying and what that money is meant for. We’ll leave one of the forms here and send a copy to EFCC.