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EFCC Arrests Two Bankers Over N3.6BN Fraud - Politics - Nairaland

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EFCC Arrests Two Bankers Over N3.6BN Fraud by controlG(m): 9:37am On Aug 07, 2015
Detectives of the Economic and Financial Crimes Commission, EFCC, on Thursday arrested one Kato Ifrahimu Nyam and Godwin Odali, both staff of a new generation bank for conspiring to defraud the bank to the tune of N3.6bn (three billion, six million naira) with an e-payment mandate purportedly from Federal Ministry of Agriculture and Rural Development.

The suspects, who operate as syndicate, sometime in June 2015, through their cronies submitted an e-payment mandate of N1.4bn (one billion, four hundred million naira) to Zenith bank and Access bank Plc.

The banks, sensing a foul play after noticing some abnormalities on the e-payment mandate discreetly contacted the Ministry of Agriculture for confirmation and authentication of the document.

A response from the Ministry showed that, no While the investigation was underway, the suspects in furtherance of their dubious acts submitted another e-payment mandate of N1.398bn (one billion, three hundred and ninety eight million naira) to Zenith bank, Abuja branch though one Abiola Oloko, an accomplice.

In the process, Oloko was arrested by EFCC operatives.

On arrest, Oloko confessed that, they have had several meetings to arrange and perfect “the deal”.

Oloko, who claimed to be a job seeker said, he was lured into “the business” by the bank officials whom he claimed gave him an identity card of the Federal Ministry of Agriculture and Rural Development to answer the false name “Femi Babatunde”, but with his real passport photograph affixed to it.

The suspects will be arraigned in court as soon as investigation into the matter is concluded.
Source: http://thenewsnigeria.com.ng/2015/08/06/efcc-arrests-2-bankers-over-n3-6b-fraud/

1 Like

Re: EFCC Arrests Two Bankers Over N3.6BN Fraud by Trailblazer1(m): 9:38am On Aug 07, 2015
undecided

1 Like

Re: EFCC Arrests Two Bankers Over N3.6BN Fraud by Nobody: 9:45am On Aug 07, 2015
cheesy
Re: EFCC Arrests Two Bankers Over N3.6BN Fraud by bewla(m): 10:02am On Aug 07, 2015
will see in court
Re: EFCC Arrests Two Bankers Over N3.6BN Fraud by 123gist(m): 10:15am On Aug 07, 2015
*sigh* Niaja I de hail ooo una no de fail oo even say d country de wail ooo una still de sail ooo
Re: EFCC Arrests Two Bankers Over N3.6BN Fraud by Atheistan: 10:31am On Aug 07, 2015
Next, they will be smuggled out and we will hear nothing about them again. STAGED ARRESTS!!!!
Re: EFCC Arrests Two Bankers Over N3.6BN Fraud by baralatie(m): 10:49am On Aug 07, 2015
nitori olorun! 3.6 billion,haba!!
some people can be greedy o!

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