EFCC arrests bank official over alleged hoarding of new naira notes

  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 78%

Nigeria Headlines News

Nigeria Latest News,Nigeria Headlines

EFCC says the branch of the bank in Abuja refused to load its Automated Teller Machines (ATMs) despite having N29 million of the redesigned Naira notes in its vaults.

on Monday arrested the operations manager of a branch of an unnamed commercial bank in Abuja for allegedly hoarding N29 million of the new naira notes.

The commission said it took the bank official, whose name was also not given, into custody for further questioning. It said its operatives also ordered the bank to load the money in the ATMs and make payment to customers over the counter.

The EFCC also in its statement, vowed to continue its operation “until normalcy is restored to the banking system. The new policy has created chaos with many Nigerians having to endure hours of queuing at Automated Teller Machines points. Others have also had to pay exorbitant charges for withdrawals through Point of Sale centres.As a result of the ongoing hardship experienced by many Nigerians, the CBN Governor, Godwin Emefile, had extended the earlier deadline of 31 January, by 10 days up until 10 February..

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Politicians are using the Banks to sabotage the GOVT efforts

Good one

Kudos

Story

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BREAKING: EFCC nabs Abuja bank manager hoarding N29m new notesAn operations manager of a leading commercial bank in Abuja central area was on Monday arrested by operatives of the Economic and Financial Commission, for refusing to load the Automated Teller Machines of the bank despite having N29million of the new naira notes in the branch’s vaults, The PUNCH reports. Bank managers being caught left and right hoarding new notes to sell to their rich customers. What a joke of a nation. This is all the fault of CBN governor and the presidency. Why TF are the name of the banks not divulged !? We are our problem
Source: MobilePunch - 🏆 8. / 63 Read more »

EFCC arrests bank manager for 'hoarding N29m new notes' in Abuja | TheCableThe Economic and Financial Crimes Commission (EFCC) says it has arrested the operations manager of a commercial bank in the federal capital territory (EFCC) for hoarding N29 million of the new naira notes officialEFCC Nigerians are nigerians problem not only the government. officialEFCC You can only imagine what’s going on in other banks across the country. Here in Warri, you pay to withdraw from the BANK officialEFCC The government, the people, the rich,the poor are all the same. God deliver us from us.
Source: thecableng - 🏆 2. / 80 Read more »

EFCC Arrests Bank's Operations Manager For Hoarding New Naira Notes In AbujaAn Operations Manager of a leading commercial bank in Central Area of Abuja was, on Monday, arrested by operatives of the Economic and Financial Commission Dladgema They need to go to SE, ENUGU.
Source: LeadershipNGA - 🏆 4. / 77 Read more »

Nigeria's Anti-Graft Agency, EFCC Arrests Bank Manager In Abuja For Hoarding N29Million New Naira Notes | Sahara ReportersThe Economic and Financial Crimes Commission (EFCC), on Monday, arrested an Operations Manager of a commercial bank in Abuja Central Area, for hoarding the new bank notes. A statement by EFCC's Head Media and Publicity Wilson Uwujaren, said that the suspect was arrested by operatives of the commission for allegedly refusing to load the new notes in the Automated Teller Machines (ATMs), of the bank despite having N29million of the redesigned naira notes in the branch’s vaults. Why not mention the name.... Continue This people keep tell us what they want us to hear. When was the money disbursed to the branch. How long has it been kept in the vault? The truth of the matter is that cbn keeps shifting the blames to the banks. Because they know the bank cannot defend itself.
Source: SaharaReporters - 🏆 9. / 63 Read more »

CBN, EFCC warn Gombe banks against corrupt practicesDetermined to ensure the effective implementation of the currency redesign policy, Gombe State branch of Central Bank of Nigeria, said it had received and distributed additional supply of the new notes to banks. Follow me. Let's be friends. Start arresting these banks Peter Obi for president. Like and retweet And what must done to the originator/originators of this confusion?
Source: MobilePunch - 🏆 8. / 63 Read more »

Maiden Abuja International Marathon to now hold April 29 | TheCableThe inaugural edition of the Abuja International Marathon will now hold on April 29, 2023.In a statement, Olukayode Thomas, the race director,
Source: thecableng - 🏆 2. / 80 Read more »