Fisayo Soyombo, a Nigerian investigative journalist, has accused Stanbic IBTC of reportedly hoarding higher denominations of high-value currencies from their customers.

Soyombo made this accusation on Twitter after he visited the Opebi and Allen Avenue branch of the bank.

In his narration, Soyombo said that the staff at some of the bank’s branches are illegally profiting from the backdoor foreign exchange by hoarding high-value currencies from customers. Soyombo added that he had suspected the practice for years but recently confirmed it....

Continue here: https://www.techawkng.com/2020/07/24/customer-reportedly-accuses-stanbic-ibtc/