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Reading: ICPC arrests FCMB Osogbo Operation Manager for hoarding new Naira notes inside ATM
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ICPC arrests FCMB Osogbo Operation Manager for hoarding new Naira notes inside ATM

Kanyi Okeke
By Kanyi Okeke
Published: February 5, 2023
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The Independent Corrupt Practices & Other Related Offences Commission (ICPC) has arrested the Operations Manager of a branch of First City Monument Bank (FCMB) In Osogbo, the Osun state capital.

ICPC arrests FCMB Osogbo Operation Manager for hoarding new Naira notes inside ATM

FCMB Osogbo Operation Manager Arrested By ICPC

The news which was announced by ICPC on Twitter reads;

ICPC Compliance Team in Oshogbo has busted an FCMB in Osogbo, Osun State where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed. The Team therefore directed that the wrappers be removed, and the cash loaded properly.

However, when a follow-up visit was undertaken the following day to ascertain the level of compliance, the Team discovered that one of the ATMs was still loaded with the wrappers un-removed.

The Operation Manager of the Bank was arrested and taken in for questioning.

ICPC Compliance Team in Oshogbo has busted an FCMB in Osogbo, Osun State where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed. The Team therefore directed that the wrappers be removed, and the cash loaded properly. pic.twitter.com/5i3bI0sYMW

— ICPC Nigeria (@icpcnigeria) February 3, 2023

As Naira scarcity continues to affect the economy following the Naira re-design, Nigerians have accused banks of colluding with politicians and making cash inaccessible to the common man.

Meanwhile, ICPC also arrested the Branch Service Head of Stanbic IBTC Bank, Deidei Branch, Abuja.

Read Also:👇🏾

  1. Paternity Scandal: FCMB appoints Yemisi Edun as acting Managing Director
  2. Access Bank Acquires Diamond Bank ”International”
  3. Police Kill One, Arrest Four In Failed First Bank Abuja Robbery
  4. Sheventures: FCMB extends support to over 15000 women owned small businesses

TAGGED:banksbusinessFCMBICPCNaira redesign
ByKanyi Okeke
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Kanyi is the Founder & Editor-in-Chief of KanyiDaily.com.When she's not serving DAILY delicious scoops on Entertainment and news, you can find her reading a book by the beach.Keep up with Kanyi on Instagram and Twitter or through her email [email protected]
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