The Economic and Financial Crimes Commission (EFCC) on Monday arrested the operations manager of a branch of an unnamed commercial bank in Abuja for allegedly hoarding N29 million of the new naira notes.
EFCC’s spokesperson, Wilson Uwujaren, said in a statement that the bank refused to load its Automated Teller Machines (ATMs) despite having N29 million of the redesigned Naira notes in the branch’s vaults.
The commission said it took the bank official, whose name was also not given, into custody for further questioning. It said its operatives also ordered the bank to load the money in the ATMs and make payment to customers over the counter.
