Home Breaking EFCC Arrests Senior Bank Manager For Hoarding Millions Of New Naira Notes

EFCC Arrests Senior Bank Manager For Hoarding Millions Of New Naira Notes

The Economic and Financial Commission, EFCC, on Monday, arrested a senior bank official in Abuja.

The staff is the Operations Manager of “a leading commercial bank” in the Central Area, according to EFCC spokesman, Wilson Uwujaren.

The manager refused to load the Automated Teller Machines, ATMs, despite having N29million of the redesigned naira notes in the branch’s vaults.

Uwujaren said before he was whisked away for further questioning, the operatives ordered the loading of all the ATMs.

•ATTENTION! You can now join our |WHATSAPP PAGE| to receive news updates directly on your phone. |TAP HERE|

The EFCC also ensured payment across the counter to the delight of the customers who had spent hours on queues without getting the new notes.

See also
Ondo APC Governorship Aspirant Paul Akintelure is Dead

The anti-corruption agency stated that the latest discovery indicates “a sabotage of the government’s monetary policy by some banks”.

Uwujaren disclosed that operatives covered more than five bank branches today in the Federal Capital Territory (FCT).

The operation was in continuation of the surveillance and visit to banks across the country to access their vaults and verify whether they are deliberately refusing to dispense cash.

•IMPROVED! You can now join our |WHATSAPP PAGE| to receive news updates directly on your phone. |TAP HERE|

The EFCC said it would continue the raid until normalcy is restored to the banking system, urging Nigerians finding it difficult to access funds at any bank and suspects foul play to contact the commission.

See also
DHQ reveals how 137 abducted Kaduna students were rescued in Zamfara

Earlier on Monday, financial institutions denied hoarding the new naira notes, saying they cannot be a clog in the wheel of efforts of the Federal Government and the Central Bank of Nigeria, CBN

🔎Follow Us On Our Social Handles🔍

```

OUR ADVERTS RATESWe offer effective advert service with discounts.
[Tap Here To See OUR ADVERTS RATE]