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

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

Netanyahu Blasts West Over Palestine Recognition

Netanyahu Blasts West Over Palestine Recognition

BREAKING: UK, Canada, Australia Recognise Palestine

BREAKING: UK, Canada, Australia Recognise Palestine

Tinubu Melts Hearts With ‘Love Letter’ to Oluremi at 65

Tinubu Melts Hearts With ‘Love Letter’ to Oluremi at 65

Understanding Capital Markets in Nigeria and the United States of America

Understanding Capital Markets in Nigeria and the United States of America

Midnight Bulldozers: Oworonshoki Residents Cry ‘Betrayal’ in Lagos

Midnight Bulldozers: Oworonshoki Residents Cry ‘Betrayal’ in Lagos

Tragedy in Lagos: 4 FIRS, 6 UCAP Staff Die in Afriland Fire

Afriland reacts after Towers Fire Incident in Lagos

Fubara returns to Rivers after Emergency Rule

Fubara returns to Rivers after Emergency Rule

Sunday, September 21, 2025
  • Login
No Result
View All Result
iDeemlawful
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
iDeemlawful
No Result
View All Result
iDeemlawful
No Result
View All Result
  • Home
  • News
  • Featured
  • Politics
  • LifeStyle
  • Advertise with Us
  • Opinion
  • Campus
Home Breaking News

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

by iDeemlawful
February 6, 2023
in Breaking News
A A
0
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.

SeeThese

EFCC Declares Sujimoto CEO Wanted Over Alleged Money Laundering

American Sentenced to Life for Murder of Nigerian Boxer

Man Kills Neighbour’s Son, Hides Body in Water Drum

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.

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.

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.

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

Tags: CBN PoliciesCrimeEFCCiPad
Share196Tweet123SendShare
Previous Post

Naira Redesign: 13 Political Parties Threaten To Pull out of General Elections

Next Post

Syria-Turkey Earthquake: Mother dies After Giving birth under Rubble, Death Toll Rises

iDeemlawful

iDeemlawful

Next Read

Tinubu Melts Hearts With ‘Love Letter’ to Oluremi at 65
Breaking News

Tinubu Melts Hearts With ‘Love Letter’ to Oluremi at 65

...

Read moreDetails
Midnight Bulldozers: Oworonshoki Residents Cry ‘Betrayal’ in Lagos
Breaking News

Midnight Bulldozers: Oworonshoki Residents Cry ‘Betrayal’ in Lagos

...

Read moreDetails
Tragedy in Lagos: 4 FIRS, 6 UCAP Staff Die in Afriland Fire
Breaking News

Afriland reacts after Towers Fire Incident in Lagos

...

Read moreDetails
Fear Grips Kwara NYSC Camp as Soldiers Order Lock-In
Breaking News

Kwara Relocates NYSC Camp over Insecurity

...

Read moreDetails
Tragedy in Lagos: 4 FIRS, 6 UCAP Staff Die in Afriland Fire
Breaking News

Tragedy in Lagos: 4 FIRS, 6 UCAP Staff Die in Afriland Fire

...

Read moreDetails
BREAKING: FG Issues Fresh Flood Alert for Lagos and 13 States
Breaking News

FG Issues Fresh Flood Alert for Lagos and 13 other States

...

Read moreDetails
DSS Gives X 24 Hours to Delete Sowore’s Post calling Tinubu ‘Criminal’
Breaking News

DSS drags Sowore, X and Facebook to Court over Tinubu ‘Criminal’ Post

...

Read moreDetails
Akwa Ibom declares Two Doctors Wanted for Abdicating
Breaking News

Akwa Ibom declares Two Doctors Wanted for Abdicating

...

Read moreDetails
Next Post
Syria-Turkey Earthquake: Mother dies After Giving birth under Rubble, Death Toll Rises

Syria-Turkey Earthquake: Mother dies After Giving birth under Rubble, Death Toll Rises

CBN bans dollar charges on domestic transactions, Introduces New Payment Platform

Emefiele breaks silence Over Attempts To Use CBN Frustrate 2023 Elections

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

iDeemlawful

Copyright © 2019 iDeemlawful.

Useful Links

  • About Us
  • Advertise with Us
  • Editorial Policy

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Copyright © 2019 iDeemlawful.