The Economic and Financial Crimes Commission (EFCC) boss has said that more Governors are now under their raider for suspected cash stashing.

Abdulrasheed Bawa, Chairman of the EFCC, gave the update on Thursday at the Aso Rock Villa in Abuja, shortly after meeting with President Muhammadu Buhari.

He told reporters that the number has increased from the three originally reported by the commission, but he did not specify how many Governors the anti-graft agency is monitoring.

Bawa explained that he didn’t want to be misquoted, which is why he didn’t give a specific number.

Several weeks ago, the EFCC boss confirmed that the commission is closely monitoring three governors for possible stashed money.

According to Bawa, the serving governors are planning to launder stashed billions of Naira through table payment of salaries to workers.

The development is coming a few days after the Central Bank of Nigeria (CBN) announced that the country’s currency would be redesigned to address many issues.

The apex bank disclosed that the re-designed notes would be released on December 15, adding that Nigerians have up to January 31, 2023, to deposit the old notes in banks.

Bawa in an interview with Daily Trust said some governors are planning to launder money they stashed in houses.

The EFCC Chair who failed to reveal the identity of the three governors, said two of them are from the North, while the 3rd one is from the southern part of the country.

He said intelligence has it that the three governors have concluded plans to inject the money into the system through table payment of their state workers’ salaries.