Business
Customs Intercepts $2.7m Laundered Funds At MMIA
Murtala Muhammad Airport Command of the Nigeria Customs Service has intercepted $2.7m (about N432m) from five suspected money launderers while attempting to travel abroad.
The Public Relations Officer of the command, Mrs. Thelma Williams, told newsmen 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.
“They would go with a copy because there are some countries that would ask travellers to produce that.
“Sometimes we even have letters from some of these countries. They want to know if so, so person passed through our airport and if he made such a declaration so that it won’t look as if it is a fake declaration.
“You don’t pay any amount of money to declare. The money is yours; it’s just for you to declare. I have so, so amount of money with me that I am travelling out with.
“I think why they are running away from this declaration now is because government is interested. Sometimes it could be money laundering. Government is interested.
“Those that are running away I want to believe are those that are laundering the money.”
Williams advised the travellers to make sure that the amount they would travel with was declared, adding that the money should be changed at a registered commercial bank and Bureau De Change.
She said the five suspects and the monies involved had been handed over to the EFCC for further interrogation.
Williams said the command also generated N2.3bn in April 2013 up from N2.2bn it recorded in the corresponding period of 2012.
She said agents’ compliance with the law at the airport had resulted to increase in revenue collection.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.
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