
BANK MANAGER ARRESTED IN ABUJA FOR HOARDING N29M NEW NAIRA NOTES
Read Time:1 Minute, 7 Second
By ‘Leke Yusuf
The Economic and Financial Crimes Commission (EFCC), on Moday arrested a branch operations manager of a leading commercial bank in Abuja Central Area.
The manager was alleged to have refused to load the Automated Teller Machines (ATMs), of the bank despite having N29million of the redesigned Naira notes in the branch’s vaults.
Before he was whisked away for further questioning, the operatives of the EFCC ordered the loading of all the ATMs and 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.


This discovery, which indicates a sabotage of the government’s monetary policy by some banks, was made by the EFCC 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. More than five bank branches were covered today by the operatives in Abuja. Similar exercises were ongoing in Zonal Commands across the country.
A statement by the EFCC said, the operation will continue until normalcy is restored to the banking system.
The EFCC also urged Nigerians finding it difficult to access their funds at any bank and who suspect foul play to contact the Commission, for immediate intervention.
More Stories
POPE FRANCIS’ COFFIN REACHES SANTA MARIA MAGGIORE FOR BURIAL (PICTURES)
The casket of the late Pope Francis has arrived at the Basilica of Santa Maria Maggiore in Rome for...
FORMER BENUE COUNCIL CHAIRMAN, IJIGAH, LAID TO REST
The remains of former Ogbadibo Local Government Chairman, Hon. Ijigah Okoh, have been buried in his hometown, Mission Ekere,...
TIKTOKER SUFFERS SEIZURE DURING LIVE VIDEO, DIES
A popular TikToker known simply as ‘Disturbing’ has passed away while streaming live on social media. The incident...
FG RECEIVES 231 TRAFFICKED NIGERIAN YOUTHS RESCUED FROM GHANA (VIDEOS)
A total of 231 Nigerian boys and girls who were trafficked to Ghana have been rescued and brought back to...
LAGOS, GOODKNIGHT, SFH PARTNER TO TACKLE MALARIA ON WORLD MALARIA DAY
The Lagos State Ministry of Health, alongside Society for Family Health and Goodknight Nigeria, commemorated the 2025 World Malaria Day...
TWO KILLED, SIX INJURED IN OYO-OGBOMOSO ROAD CRASH
Two individuals lost their lives in a road accident that occurred along the Oyo-Ogbomoso highway. The single-vehicle crash...