Chinese man attempts to sneak N109m cash out of Nigeria
The EFCC, on Wednesday, arraigned a Chinese, Li Yanping, for allegedly attempting to travel to Dubai with $300,000 (N109.5m) cash sum.
Yanping was arrested by the Presidential Task Force on Trans Border Cash Movement on March 15, 2018 for failing to disclose that he was in possession of the said sum while attempting to board an Emirate flight.
He was arraigned on a one count charge bordering on money laundering.
He pleaded not guilty to the charge.
Yanping was granted bail by the judge, but was remanded in the custody of the EFCC until the perfection of his bail conditions.
The case was adjourned to April 17, 2018.
