EFCC nabs Abuja bank manager hoarding N29m new notes

According to The Nigerianwatch, an operations manager of a leading commercial bank in Abuja's central area was arrested on Monday by operatives of the Economic and Financial Commission for refusing to load the bank's Automated Teller Machines despite having N29 million in new naira notes in the branch's vaults. 

Before removing him for further questioning, the operatives ordered the loading of all ATMs and the payment of the specified amount across the counter, much to the delight of the distraught customers who had waited in line for hours without receiving the new notes. 

Wilson Uwujaren, the EFCC's Head of Media and Publicity, revealed this in a statement obtained by our correspondent on Monday. 

Uwujaren stated that the EFCC made this discovery, which indicated a sabotage of the government's monetary policy by some banks, as part of its ongoing surveillance and visits to banks across the country to access their vaults and verify whether they were deliberately refusing to dispense the redesigned naira notes. 

"More than five bank branches were covered by EFCC operatives in Abuja on Monday, and similar exercises are ongoing in zonal commands across the country," he said. 

"The operation will continue until the banking system returns to normalcy. 

"Nigerians who are having difficulty accessing their funds at any bank and suspect foul play should contact the commission immediately."

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