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EFCC arrests commercial bank manager for hoarding New Naira Notes in Abuja

EFCC arrests commercial bank manager for hoarding New Naira Notes in Abuja

By Halima Abdulkadiri

An Operations Manager of a leading Commercial bank in Abuja Central Area has on Monday been arrested by operatives of the Economic and Financial Commission (EFCC) 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.

NORTHEAST STAR gathered that he was carried away for further questioning, the operatives 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.

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It was also gathered that over five bank branches were covered today by the operatives in Abuja. Similar exercises were ongoing in Zonal Commands across the country.

The operation will continue until normalcy is restored to the banking system.

Nigerians who are finding it difficult to access their funds at any bank and suspect foul play, are urged to contact the commission for immediate intervention.

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