Six top officials of Central Bank of Nigeria, CBN, and 16 other workers of commercial banks in the country have been arrested by the Economic and Financial Crimes Commission, EFCC, for a mega scam involving N8 billion.
The suspects were picked up by operatives of the anti-graft agency for stealing and putting into circulation defaced and mutilated Nigerian currency notes to the tune of N8 billion meant for destruction. All the suspects have already been taken into EFCC custody preparatory to their arraignment at the Federal High Court, Ibadan. The trial will run till June 4 in a bid to speed up the prosecution of the suspects by the court.
A statement signed by the Head of Media of the EFCC, Mr. WilsonUwujaren, gave the names of the suspects as: Patience Okoro Eye (Abuja), Afolabi Olufemi (Lagos), Kolawole Babalola (Ibadan), Olaniran Muniru Adeola (Ibadan), Fatai Yusuf, Adekunle (Head, Security, CBN (Ibadan) and Ilori Adekunle Sunday (Akure).
the Burning of old newspapers in place of defaced Naira notes
The 16 suspects, who colluded with the CBN officials to commit the fraud, are officials drawn from Zenith Bank, FCMB, Wema Bank, Access Bank, FirstBank, Skye Bank, Ecobank and Sterling Bank.