At the time of reporting, Mr. Lawal is in EFCC cutody. A source at the agency in Lagos said Mr. Lawal has confessed to laundering $25 million for the oil minister, but investigators said he’s yet to disclose in full how much was involved. A First Bank source told SaharaReporters that the bank was not involved in handling the cash for which Mr. Lawal was arrested, claiming he acted in his “private capacity” as a long-time friend of the former minister who is now in London.]]>