Rivers State Police Command says it has recovered the N60m stolen from a bullion van last Friday. It also vowed to smash the syndicate behind the theft.
The driver of the bullion van working for Bullion Van Company allegedly made away with the money with other members of his syndicate.
The deputy commissioner of police, Rivers State Command, Uche Anozie told journalists that the driver of the bullion van absconded with the money after the commercial bank hired the bullion van to convey the money from Aba to Port Harcourt branch last Friday.
Anozie said that based on credible intelligence the huge sum of money was found in a parked vehicle at a popular hotel in Port Harcourt by a security man.
The police officer warned commercial bank operators to always attach their officials in any hired bullion van conveying their cash.
No arrest has been made as at the time of filing this report.