The Independent Corrupt Practices and other related offences Commission (ICPC), has arrested an official of Stanbic IBTC Bank in Abuja for alleged sabotage.

The ICPC spokesperson, Azuka Ogugua, said the development was in continuation of ICPC’s clampdown on elements frustrating efforts in making the redesigned Naira notes available to members of the public.

The bank official, who is the branch service head of Stanbic IBTC Bank, Deidei Branch in Abuja, was taken into custody for her deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATMs) even when the cash was available and people were queuing at the ATM points.

The statement reads: “When the ICPC monitoring team stormed the bank at about 1:30pm on Friday to ensure compliance, and demanded explanation as to why all the ATMs were not dispensing cash, the team was informed by the branch’s head of operations that the bank just got delivery of the cash.

“However, facts available to the ICPC operatives indicated that the branch took delivery of the cash earlier around 11:58am and either willfully or maliciously refused to feed the ATMs with the cash.

“Against this backdrop, the ICPC team compelled the bank to load the ATMs with the redesigned Naira notes and ensured that they were all dispensing before arresting the culprit.

“The ICPC said investigations were still ongoing and the Commission will take appropriate actions as soon they are concluded.

“Similarly, seven Point of Sale (PoS) operators as well as a security guard were arrested during an ongoing exercise in Osun State for charging exorbitant commissions for cash.

“Investigations, however, revealed that they got the money from Filling Stations that collect new notes from fuel buyers, but they then resell the cash to the public at exorbitant rates.

“The arrested persons were helping the anti-graft commission with information to assist investigations and bust other syndicates involved in the hoarding and sales of the redesigned Naira notes,” the anti-graft agency said.

https://themomentng.com/2023/02/03/new-naira-stanbic-ibtc-bank-manager-arrested-by-icpc-over-sabotage/

Good one

I hope this issue would have been solve by Monday morning

Those idiots won't obey.. I can say we masses are the reason to our problems, how can a banker be selling the notes to the highest bidder when he knows that some people are dying to have tmsome of those notes. He deserve to be jailed oo

Nigeria shaa

Patch one hole, it starts leaking from 5 other places

Today I made the decision to publicly declare my support for the presidential candidate of the Labour Party on the ground of the most physically, mentally and morally qualified among the options we are faced with.
God bless all the obidients.
God bless Nigeria.

N04W90E47-Newman*

Den of thieves.

He should be hanged.

I said it in the other thread that Bank Managers/Heads are sabotaging this Naira redesign exercise.
Either they refuse to load the ATMs with the new Naira notes or they divert the wads to private individuals or just load a paltry sum into the ATMs just to frustrate/sabotage the exercise. It is high time Government rose up to its feet and rectify this anomaly by a greedy, selfish, criminal-minded few privileged individuals hell-bent to sabotage its policy.

https://www.nairaland.com/7553276/naira-redesign-buhari-accuses-banks#120603925

I remember when DSS gave petroleum oil marketers ultimatum to either make fuel available within 7 days or face sanction.It is over a month that there is fuel scarcity and we have not seen the DSS do anything.Is that not an empty threat?

There is no monitoring team in the villages.Pos operators are exploiting the poor people.