EFCC arrests Abuja bank manager for hoarding new N29m notes
Feb 7, 2023
The Economic and Financial Crimes Commission, EFCC, on Monday, arrested a senior bank official in Abuja.
The staff is the Operations Manager of “a leading commercial bank” in the Central Area, according to EFCC spokesman, Wilson Uwujaren.
Uwujaren said before he was whisked away for further questioning, the operatives ordered the loading of all the ATMs.
The anti-corruption agency stated that the latest discovery indicates “a sabotage of the government’s monetary policy by some banks”.
The operation was in continuation of the surveillance and visit to banks across the country to access their vaults and verify whether they are deliberately refusing to dispense cash.
The EFCC said it would continue the raid until normalcy is restored to the banking system, urging Nigerians finding it difficult to access funds at any bank and suspects foul play to contact the commission.
denied hoarding the new naira notes , saying they cannot be a clog in the wheel of efforts of the Federal Government and the Central Bank of Nigeria, CBN.