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International drug bust: Alleged Nigerian billionaire arrested in Switzerland over a multi-billion-naira drug money laundering network

A major international anti-drug operation has led to the arrest of alleged Nigerian billionaire drug baron Amadi Simon in Switzerland. The operation was carried out by the National Drug Law Enforcement Agency in collaboration with the United States Drug Enforcement Administration and several European security agencies.

According to NDLEA spokesman Femi Babafemi, the coordinated investigation uncovered an alleged global drug money laundering network involving shell companies, cryptocurrency wallets, and multiple international bank accounts used to conceal billions of naira linked to drug trafficking and financial crimes.

Authorities also arrested two alleged associates — Jecinta Amara Ikechi in Anambra State and Blessing Ngozi Amadi in Agbor — during simultaneous raids on April 28, 2026.

Investigators reportedly linked the suspects to several luxury properties in Nigeria, including Jovi Hotel, Jovi Hotel and Suites, and Jovi Apartment. Bank accounts and cryptocurrency assets connected to the network have also been frozen as investigations continue.

NDLEA Chairman Mohamed Buba Marwa described the arrests as a major breakthrough in the fight against international drug trafficking and illicit financial operations, praising the role of global intelligence sharing and joint enforcement efforts.

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