EFCC Arrests 20 Bankers Over Fraud | Independent Newspapers Limited
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EFCC Arrests 20 Bankers Over Fraud

Posted: Jun 1, 2015 at 4:19 pm   /   by   /   comments (0)

Nigeria’s anti-corruption agency, the Economic and Financial Crimes Commission has arrested six senior officials from the country’s Central Bank and 16 from commercial banks over alleged currency fraud, a spokesman said on Monday, June 1, 2015.

“Six senior officials of the CBN and 16 others from various commercial banks across the country were arrested over currency fraud,” said Wilson Uwujaren.

The arrests came just days after President Muhammadu Buhari took office. The 72-year-old had pledged to crack down hard on endemic corruption in government at the highest level.

Uwujaren, from the EFCC, said the body was expected to charge the suspects with offences related to economic fraud in the coming days.

“They were expected to destroy some old and mutilated currency notes running into billions of Naira but they fraudulently did not do so,” he alleged.