An Operations Manager of a leading Commercial bank in Abuja Central Area was on Tuesday, arrested by operatives of the Economic and Financial Commission, EFCC, for refusing to load the Automated Teller Machines, ATMs, of the bank despite having N29 million of the redesigned Naira notes in the branch’s vaults.
This discovery, which indicates a sabotage of the government’s monetary policy by some banks, was made by the EFCC in continuation of the ongoing surveillance and visit to banks across the country to access their vaults and verify whether they were deliberately refusing to dispense the redesigned Naira notes.
According to the statement, “More than five bank branches were covered today by the operatives in Abuja. Similar exercises were ongoing in Zonal Commands across the country.
“The operation will continue until normalcy is restored to the banking system.
“Nigerians finding it difficult to access their funds at any bank and suspects foul play should contact the commission, for immediate intervention.”
Folarin Kehinde is an Abuja-based journalist with over 5 years of experience in journalism. His work has earned him national and international recognition across various beats, including environment, health and politics.
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