The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has disclosed that the manager of the Osogbo branch of a commercial bank has been arrested for devising means to stop the ATM machines from dispensing cash.
Team@orientactualmags.com learned Azuka Ogugua, who is the spokesperson for ICPC , disclosed this in a statement issued in Abuja on Friday.
‘The ICPC Compliance Team in Osogbo has discovered that at the FCMB , Osogbo, Osun state, some ATMs were loaded with cash that has currency straps holding the new naira notes together and therefore prevented the ATM machines from dispensing cash.
The Team therefore directed that the currency straps should 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 new naira notes that have straps holding them together . The Operation Manager of the Bank was arrested and taken away for questioning’ ICPC submitted.
The commission also disclosed that the branch service head of a Stanbic IBTC Bank in Abuja, was taken into custody over the refusal to upload cash into the branch’s Automated Teller Machines (ATM),
‘When the ICPC monitoring team arrived at the bank at about 1:30pm to ensure compliance, and demanded an explanation as to why all the ATMs were not dispensing cash, it was informed by the branch’s Head of Operations that the bank just took delivery of the cash.
However, facts available to the ICPC operatives showed that the branch took delivery of the cash at about 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.
Against this backdrop, the ICPC team compelled the bank officials to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.
Investigations are still ongoing, and the Commission will take appropriate actions as soon these are concluded’ the anti-graft agency added- Team@orientactualmags.com
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