The Economic and Financial Crimes Commission (EFCC) has arrested two bankers for allegedly stealing the sum of N661,000,000 million from their employers.
The duo are a branch manager Samuel Obende and a head of operations Rabiu Alhasan Dawaki, both of Bello Road Cash Center of Union Bank Plc in Kano. The anti-graft agency said they abused their positions to perfect the theft.
A statement signed by the agency’s spokesman, Wilson Uwujaren, yesterday, said the suspects were saddled with the responsibility for the evacuation and supplying of cash to about 17 branches of the bank in Kano, Katsina, Kaduna and Jigawa states. In the course of carrying out their duties, they fraudulently conspired and stole the sum of N661m.
“In an effort to conceal the illegal act, they fabricated accounting entries, which deceitfully showed that all the monies were sent to the respective branches,” he said.
He added that investigation into the fraud was on-going.
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