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Commercial bank manager arrested for hoarding new Naira notes in Abuja.

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Commercial bank manager arrested for hoarding new Naira notes in Abuja.

By Naomisophyblog

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Operatives of the EFCC have arrested an operations manager of a leading commercial bank in Abuja for allegedly refusing to load the bank’s ATMs despite having N29million of the redesigned Naira notes in the branch’s vaults. The manager was arrested on Monday, February 6, 2023.

According to the EFCC, “Before he was whisked away for further questioning, the operatives ordered the loading of all the ATMs & 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.

Read Also :Supreme Court suspends CBN deadline on old, new naira notes swap.

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 & visit to banks across the country to access their vaults & verify whether they were deliberately refusing to dispense the redesigned Naira notes.

More than 5 bank branches were covered today by the operatives in Abuja.

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