EFCC Arrests Two Bankers For N661million Fraud

<div dir="ltr" style="text-align: left;" trbidi="on"> <div class="post-body entry-content" id="post-body-392951513065839199" itemprop="description articleBody" style="position: relative; width: 616px;"> <div class="separator" style="clear: both; text-align: left;"> <span style="background-color: rgba(255, 255, 255, 0);"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgBU350pt5R36FSG8W0QlCoKKZGypk3IUEA1kxNvtlzwGV47YWo5z1vOiBxsQEATZ1TZtkyoCRHdibHFJMT_P8N586n93VpcbWuRZ6PkOFIMj54_J-JuD8I4OBRBWZ7zIBb3hOBMMaOY-U/s1600/1.jpg" style="-webkit-box-shadow: rgba(0, 0, 0, 0.2) 0px 0px 0px; border-bottom-left-radius: 0px; border-bottom-right-radius: 0px; border-top-left-radius: 0px; border-top-right-radius: 0px; border: 1px solid rgb(153, 0, 0); box-shadow: rgba(0, 0, 0, 0.2) 0px 0px 0px; padding: 8px;" /><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgpwWBqAK4TPcfX0WrcndzIJbI6o3S1zfuUUEicX_wa9TaMsGcICggMJSxlnJBhvnWAzSkqa2tE_LpqlpUWOk-1LelkkuWDvNGkGVa_dVYaW0AJq5CnYmX0hHQZyHkAKWJ_59fHyzeCH0U/s1600/2.jpg" style="-webkit-box-shadow: rgba(0, 0, 0, 0.2) 0px 0px 0px; border-bottom-left-radius: 0px; border-bottom-right-radius: 0px; border-top-left-radius: 0px; border-top-right-radius: 0px; border: 1px solid rgb(153, 0, 0); box-shadow: rgba(0, 0, 0, 0.2) 0px 0px 0px; padding: 8px;" /></span></div> <span style="background-color: rgba(255, 255, 255, 0);"><div class="post-body entry-content" id="post-body-392951513065839199" itemprop="description articleBody" style="position: relative; width: 616px;"> <span style="background-color: rgba(255, 255, 255, 0);"><br /></span></div> Below is the EFCC Press Release,</span><blockquote class="tr_bq"> <span style="background-color: rgba(255, 255, 255, 0);">"The Economic and Financial Crimes Commission (EFCC) has arrested two bankers for allegedly stealing the sum of N661,000,000 (six hundred and sixty one million Naira) from their employers.</span></blockquote> <blockquote class="tr_bq"> <span style="background-color: rgba(255, 255, 255, 0);">The duo, Samuel Obende, a Branch Manager, and Rabiu Alhasan Dawaki, Head of Operations, both of the Bello Road Cash Center of Union Bank Plc in Kano, abused their positions to perfect the heist. They were saddled with the responsibility for the evacuation and supplying of cash to about seventeen branches of the bank in Kano, Katsina, Kaduna, and Jigawa States. <a href="" name="more"></a></span></blockquote> <span style="background-color: rgba(255, 255, 255, 0);">In the course of carrying out their duties, they fraudulently conspired and stole the sum N661, 000, 000 (six hundred and sixty one million Naira only).<br />In an effort to conceal the illegal act, they fabricated accounting entries, which deceitfully showed that all the monies were sent to the respective branches.<br />Investigation into the fraud continues."<br />Wilson Uwujaren<br />Head, Media & Publicity<br /><span class="aBn" data-term="goog_989269391" tabindex="0"><span class="aQJ">12th August 2014</span></span></span></div> </div>

EFCC Arrests Two Bankers For N661million Fraud

Below is the EFCC Press Release, "The Economic and Financial Crimes Commission (EFCC) has arrested two bankers for allegedly ste...

Read more »