Festus who was arrested in Cotonou, Benin Republic was a staff of a Lagos-based Bureau de Change firm, Westron Finance Limited, where he allegedly stole the money and fled on 21 January, 2014.
According to the PPRO of the unit, DSP Ngozi Isintume-Agu, the suspect is a Mechanical Engineering graduate of Abia State University and hails from Umuoma Okpofe Ezinihite Mbaise in Imo State.
Agu said the police traced the suspect to Cotonou, Benin Republic, after the Managing Director of Westron Finance Limited wrote a petition to the Commissioner of Police, SFU, and sought for assistance, alleging that his driver had absconded with the $50,000 he sent him to purchase from the Central Bank of Nigeria, Lagos for business transaction.
The suspect was arrested when he was trying to purchase a Hiace bus with part of the stolen money.
The suspect, during interrogation allegedly confessed to the crime saying it was the handwork of the devil and also greed that pushed him to steal the money, admitting that part of the money was with his wife at a village in Idiroko border area of Ogun State.
The driver led the police to the village, where his wife identified as Blessing, was arrested and they recovered the sum of $15,000 and CF2, 620,000 from her.
The PPRO, Agu said the suspect will be charged to court after investigation.
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