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EFCC Arrests Bank Manager For Hoarding New Naira Notes In Abuja

by Present Nigeria
February 6, 2023
in News
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EFCC Arrests Bank Manager For Hoarding New Naira Notes In Abuja
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Operatives of the Economic and Financial Commission, EFCC, on Monday arrested an operations Manager of a commercial bank in Abuja Central Area.

The Manager was arrested for refusing to load the Automated Teller Machines, ATMs, of the bank despite having N29million of the redesigned Naira notes in the branch’s vaults.

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

They also ordered the payment of the stipulated amount across the counter to the delight of the distraught customers who had spent hours on queues without getting the new notes.

According to the commission, the discovery indicates a sabotage of the government’s monetary policy by some banks.

A statement by EFCC spokesperson Wilson Uwujaren said more than five bank branches were covered today by the operatives in Abuja.

He said the move was in continuation of the ongoing surveillance and visit to banks across the country to access their vaults and verify whether they were deliberately refusing to dispense the redesigned Naira notes.

He added that similar exercises were ongoing in Zonal Commands across the country.

Uwajuren added that the operation will continue until normalcy is restored to the banking system.

Nigerians finding it difficult to access their funds at any bank and suspects foul play should contact the commission, for immediate intervention.

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PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
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