BANK MANAGER ARRESTED IN ABUJA FOR HOARDING N29M NEW NAIRA NOTES

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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 branchā€™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 governmentā€™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.
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