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ICPC Bursts FCMB, Nabs Bank Manager For Hoarding New Naira Notes

FCMB

ICPC Bursts FCMB, Nabs Bank Manager For Hoarding New Naira Notes

After accusing a bank manager in Oshogbo, Osun State, of holding new Naira notes, ICPC ruptured FCMB.

In Oshogbo, Osun State, southwest Nigeria, the Independent Corrupt Practices and other Related Offenses Commission (ICPC) Compliance Team reportedly stormed a branch of First City Monument Bank (FCMB) where several Automated Teller Machines (ATMs) were loaded with cash with their wrappers left on, “thus preventing the cash from being withdrawn,” Idoamebo reports.

This online news platform understands that the ICPC made this known in a series of tweets on the micro-blogging site, Twitter, on Friday evening, February 3, 2023.

ICPC revealed in the post that the “Team, therefore, directed that the wrappers be removed, and the cash loaded properly.”

Idoamebo understands that the Operation Manager of the FCMB branch was “arrested and taken in for questioning” by the ICPC Compliance Team in Oshogbo.

“ICPC Compliance Team in Oshogbo has busted an FCMB in Osogbo, Osun State where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed. The Team, therefore, directed that the wrappers 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 the wrappers un-removed.

“The Operation Manager of the Bank was arrested and taken in for questioning,” ICPC wrote on Twitter.

Meanwhile, this online information gathered that Nigerians have been having difficulties accessing the new naira notes since the Central Bank of Nigeria (CBN) announced the phasing out of the old naira notes as a legal tender in Nigeria.

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