- A former managing director of Nigerian
National Corporation Esther Nnamdi-Ogbue
has denied ownership of the $43.4m,
£27,800 and N23.2m discovered by the
Economic and Financial Crimes Commission
- Nnamdi-Ogbue said the money and the
building were the cash was recovered does
not belong to her
- She called on the Nigerian media to be
thorough in the investigations and reports
- She also encouraged EFCC to remain
steadfast on the war against anti-
corruption in Nigeria

On Thursday, April 12, the media was
agog with the news of the discovery of
$43.4m, £27,800 and N23.2m belonging
to a former official of the Nigerian
National Petroleum Corporation (NNPC)
esther Nnamdi-Ogbue by the Economic
and Financial Crimes Commission
(EFCC) in a sting operation in Ikoyi
Lagos state.
The EFCC in series of tweets and
Instagram posts on its official pages
said the monies were recovered on
Wednesday, April 12, from a four-
bedroom apartment at Osborne Towers
located on the seventh floor of the
building on 16 Osborne road Ikoyi.
Bankers were brought in with their
counting machines and the total amount
was put at $43.4m, £27,800 and
N23.2m.
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But reacting to the latest EFCC's
recovery, Nnamdi-Ogbue said the huge
sum of money recovered by the anti-
graft agency does not belong to her.
She also denied ownership of the
building were the money was
recovered.
EFCC recovered huge sum
of money in Ikoyi, Lagos
Nnamdi-Ogbue said the money and the building
were the cash was recovered does not belong to
her
Speaking through her lawyer Emeka
Etiaba, the former NNPC official said
she is as shocked as many Nigerians at
the discovery of such a huge sum of
money.
She further commended the EFCC for its
effort in the war against corruption in
Nigeria.
Etiaba said: "Our Client is as shocked as
many other Nigerians at the uncovering
and recovery of the said sums of money
and wishes to salute the courage and
efforts of the EFCC in the war against
corruption."

"She also wishes to commend the whistle
blowing policy introduced by the Federal
Government in the fight against
corruption which policy has resulted in
large scale uncovering and recovery of
monies and assets," Etiaba said.
It is our client’s belief that the source
and ownership of the said uncovered
sums of money is known or eventually
will be known by the EFCC in due course.
There is therefore no need for conjecture
or speculation.
May we finally implore the news media to
be more circumspect in their
publications," he said.

Recall that since the recovery of the
money by the EFCC two other Nigerians
aside Nnamdi-Ogbue has been named to
be involved in the illegal storage of the
cash stashed out in the Lagos building.
The Nigerians include: a former
chairman of the Peoples Democratic
Party (PDP) Adamu Muazu who was
named as the owner of the building
were the money was found and a
daughter to a PDP chieftain Chief