Nigeria, Nov. 4 -- The Economic and Financial Crimes Commission (EFCC) in Lagos has arrested a former bank assistant general manager, Rowly Isioro, and his businesswoman wife, Naomi, for their alleged involvement in a $1.49 million fraud.

EFCC spokesperson, Wilson Uwujaren, in a statement on Monday, said the couple allegedly laundered the said amount through Mrs Isioro's bank account in Nigeria.

The EFCC said their arrest followed a petition it received from the US Federal Bureau of Investigation (FBI) through the office of the Legal Attache, United States Consulate, Lagos, alleging the couple's involvement in Business Email Compromise and money laundering.

"So far, the investigation revealed that Mrs Isioro met one Michael Uziewe (who...