EFCC NABBED TWO BANKERS OVER N3.6bn FRAUD

The Economic and Financial Crimes Commission have arrested Kato Ifrahimu Nyam and Godwin Odali, both staffs of a new generation bank for conspiring to defraud the bank to the tune of N3.6bn with an e-payment mandate purportedly from Federal Ministry of Agriculture and Rural Development.
An accomplice Oloko Abiola arrested by the EFCC operatives confessed that they have had several meetings to arrange and perfect the deal. He also claimed to be lured into the business by bank officials whom he said gave him an identity card of Agriculture and Rural Development to answer the false name Femi Babatunde but with his real passport affixed to it. The suspect will be arraigned in court as soon as investigation into the matter is concluded.