₦airaland Forum

Ajike:
wot could av gone awry? this days that anybody can steal your ATM card and your password to withdrawn moni from your acct. He's a student for crying out load, he can withdrawn the money within a tickle of an eye and dissapear into d tin air, he can even stay around and said his ATM card was stolen or lost, is it not possible? wotever homework they would av done, they shld av just given d guy token and move on with their daily business. more than that av been stolen internally that they cannot even allow the public to hear it.

[size=16pt]Police blame N9.3 billion deposit on system failure, clear bank executives[/size]

The Special Fraud Unit (SFU) of the Nigeria Police Force says a system failure resulted in an Automated Teller Machine (ATM) depositing N9.3 billion in a customer’s account. According to agency reports, Durojaiye Job, a student of the Polytechnic, Ibadan had on August 13, raised alarm after discovering the amount in his First Bank Plc savings account. DCP Salisu Fagge, head of SFU, said investigations into the allegation by Job that some bank officials attempted to use his account to defraud the bank had been concluded.

Fagge said Job’s petition, which was sent to the DIG “D” Department, Force CID in Abuja through the Commis-sioner of Police, was referred to his unit for investigations. “When the student discovered the huge amount of money in his account at about 7.30 pm, he was so much shocked because he only had N4,000 of his own in the account. ``He then used his card to withdraw N20,000 from the ATM to convince himself that the figure was real.

``After the withdrawal, he informed the bank’s Branch Manager and the Operations Manager of the huge deposit in his account. ``But the bank executives denied knowledge of the transactions and also denied the boy a request for a statement of his account. ``The student who suspected that the bank executives may have attempted to use his account to commit fraud, returned the N20,000 he withdrew with his ATM card and alerted his lawyer who wrote a petition to the DIG.

“The unit invited the two bank executives and both denied knowledge of the transaction. ``But on further investigations into the case, the Chief Internal Auditor and the Information Technologist of the bank confirmed that the huge deposit was as a result of system failure,’’ he said. Fagge said a comprehensive report of what transpired on some of the accounts in the bank, including that of Job, between 6.30 p.m. and 7.00 p.m. when the system failure occurred was brought to the unit.

``Based on the investigations carried out by the unit, there was no evidence of fraudulent transfers to any customer’s account.” ``The bank also did not record any financial loss as a result of the system failure which occurred, and the error was detected and rectified some minutes after it occurred,’’ he added. Fagge however advised Nigerians to emulate the steps taken by Job in alerting the bank about the alleged fraud, instead of making away with the money.

buzugee:
1, the guy found this huge amount in his account

2, he withdraws 20,000 of that money (never mind he had 3000 in his account)

3, i will assume he is not a strong minded criminal because what a strong minded criminal would have done after withdrawing 20,000 and seeing that this money is for real. a strong criminal will walk into the bank and try to cash it all out. this mr durojaiye is a tentative criminal. 'trepidation' is his personality

4, the next day mr durojaiye goes to try to withdraw another large sum of money but unfortunately for him, the compluter has discovered the glitch and re-appropriated the money according, leaving mr durojaiyes account with minus 17,000 naira. this is another place where i know mr durojaiye is not a hardened crook because he panics. now me myself ? what i would have done in a situation like that will be to keep the money i have already withdrawn, ditch the account and go and open a new account with another bank. nigerian citizenry is not computerized so nobody will ever find him. but mr durojaiye panics and decides that if i go to the bank and try to explain to them that i saw this huge amount in my account, i think you have made a mistake bla bla bla, they would not come and arrest him. so he basically used the 'strike first before they strike' approach.

5, he should have heaved a sigh of relief and left it at that but now he thinks he can cash in (i am guessing he is getting bad advice from some greedy people )

chosen04:
Cos after having the benefit of contemplation from Friday to Monday the dude decided to seek cheap attention and reap where he did not sow.

violent:
so the computer wired 9 billion into some dude's account. . .the dude was able to withdraw 20k from it. . .the ATM machine issued a receipt and stated in account balance. . . .and a day later, the computer corrected itself. . .and his happened in only one account of over a million account held by first bank in Nigeria?

. . .and you couldn't pick any holes in this, besides blaming it on computer error?,  . .you sir, are too dumb to be real. . .I'm convinced I'm actually arguing with a really dumb robot.

aysometin:
He returned their money and then they cooked up a big lie about him and published it. They said he tried to steal the money.

bissalla:
N250 million is too small for a damage as such.

Please sue them for N1 billion naira, for making such a costly mistake and at the sametime pointing accusing fingers at the fellow who save them embarassment.

What if he had decided to withdraw the whole and he successfully did that?

Is this how we reward honesty. Please First Bank shut, and put your house in order.

chosen04:
They are the ones that rewarded a mediocre without waiting for the bank to come out with their stance on the issue.

BTW, how can they claim the dude returned what was never in his possession?

Who announced the dude to the nation? The mediocre personally announced himself by approaching the media houses and making claims of honesty that was a charade.

Who else has also honoured the dude? No body execept ofcourse his family and his church-MFM.

afrokarma:
Fellow Nairalanders, having been following the commonwealth games in India it has been interesting to see that team Nigeria have not done too badly in terms of medals won. However when you look at the medals table and see teams like Australia, England, Canada and even India the hosts winning twice or even thrice the medals Nigeria have won I began to wonder if Nigeria could have done better.

I saw that these countries won a lot of medals in sports which we in Nigeria wouldn't see as sports per se. The most notable "sports" with squillions of medals on offer were shooting and archery. In archery there were men and women team or individual  recurve and compound medals on offer while over different distances. In shooting you had men and women individual and team medals in pistol and small bore singles skeet, standard pistol and clay target.

I honestly have no idea what all these mean but I know that those countries mentioned above won loads of medals in these "sports" and Nigeria could have done the same if only we can harness our natural talents in these "sports". Everyday in Nigeria you read about armed robbers engaged in gun fights with police, kidnappers and militants in shoot outs.I am sure that some of these armed robbers, militants and policemen would be good shots and with the right equipment and training will do Nigeria proud. Also they would all be on the same team, police and armed robbers will divert their shooting talents to more positive uses and the problems of militancy, armed robbery and unlawful police killing will be solved chike na. 

On archery which is essentially a bow and arrows "sport" the boko haram insurgents can be world beaters. Imagine the havoc they wreak with their crude bows and arrows lol. I magine what they can do with proper space age bows and arrows in their hands. These guys could hit a moving target five miles away so competing with proper equipment and coaching will be a piece of cake abi. The problems of religious insurgency and riots will be solve pata pata.

Fellow Nairalanders let me know what una think and in which other sports do you think we have talent but have not been harnessed.

txxxed:
Now that the ban has been lifted, i just hope that the sports ministry will realize that though Government sponsors football in the country, it is not enough to warrant the level of interference in our game to the detriment of the very game. How can the sports ministry have directed that there should be no promotion nor relegation in the league. it means that there is no need for us to run a league.
I wish the Super Eagles a good outing in Conakry.
Share your views on my blog at www.gamegist.com

nearest:
Happy you didn't find where i said someone was convicted on the 'new board'

egift:
Its good he did, that is what is helping his case now. The only regret is that he handed over the receipt before seeking a legal assistance.

Good for him. We need more youths like him. But it will never be accepted if the guys who wired that fund are not grabbed. I know First Bank will be doing a lot of permutations and combination now

nearest:
are you implying that because of FIFA ban we should allow corrupt officials to stay in office?

nearest:
You are the one who should read posts well before replying, show me where i said someone was convicted on the new board? bros read posts well before replying i beg you.

nearest:
where does your loyalty lie? it is first to the nigeria constitution, are you implying that because of FIFA ban we should allow corrupt officials to stay in office?

nearest:
I don't get why people feel govt should not interfere with the running of football in Nigeria, FIFA has its rules and in Nigeria the constitution is supreme.

medjai:
but from what I have read, Baribote is actually fighting a just cause.
Owumi was never a club chairman and this automatically makes him ineligible to contest as NPL chairman.
Dont know how things will swing now

Deep Sight:
@ Folem -

Can you respond specifically to these points in the OP, THANKS -

2. Zoning disenfranchises the people and steals the liberty of democratic political choice - Why should the people not be free to choose exactly who they wish - regardless of where he comes from? Let us suppose that the generality of Nigerians do in fact want Goodluck Jonathan as their President. Would it not amount to a robbery of that Political will to insist that he cannot be presented to the populace for a free and democratic choice on account of his state of origin? Indeed that will be absolutely and totally undemocratic. Let's look at MKO Abiola in 1993 - a candidate that was popular across the length and breadth of Nigeria regardless of his ethnicity and religion. Let us imagine a situation where that sort of candidate is denied the oppurtunity to present himself before the people at that particular time of his popularity - would that not be a robbery of the people's democratic liberty? For this reason, Zoning is inherently undemocratic - there is NO democracy anywhere in the world that prohibits persons fom contesting office based on their ethnicity. It is not useful to state that they may do so at a later date, for heaven knows whether such a person would still be alive at that later date! Besides, if we want Barack Obama NOW, why must we be denied him and told to wait for four or eight years before we have him? That wait could make or ruin our nation, you know.


You can argue also that term limits (which applies to only the executive in Nigeria)  as well as the concept of electoral college (in the U.S  where a President may be elected without winning  the popular vote) disenfranchises the people and steals the liberty of democratic political choice . Some state governors in the U.S have no term limits and some state legislatures have term limits. Zoning is a way to placate contending forces in the Nigerian political space. There are scores of political parties in Nigeria and if Jonathan loses the ticket of PDP, there are many parties willing to field him as their candidate to test his popularity at the General polls. Your example of Abiola and 1993 election is poor because that was the biggest charade ever in Nigeria with parties formed by the people proscribed and parties were created by the Military and the primaries were subsequently annulled before the June 12 election itself was also annulled and the hitherto banned politicians were then unbanned.




3. Zoning is subversive of the natural order of succession. Now this one you have to look at very carefully and sincerely. If you have a system based on Zoning and Rotation then the President and Vice-President will always be North/South or South/North. Now in either event, in the event of the death, resignation, incapacity or impeachment of the Head, the natural order is that the deputy will step in. This is standard legal practice globally. Now that deputy will not be from that same zone, based on the zoning principle. He will be from another Zone. This will create a perpetual problem and contradiction because the zone of the predecessor will always insist that the deputy stands down for a kins man of the departed leader. That makes no sense whatsoever and will lead to political turmoil of the sort experienced during Yaradua's illness. The only way that such can logically be avoided is the recognition by all parties that leadership should NOT be determined by zoning. I hope you see the point clearly: the zoning principle is internally contradictory for the simple reason that it will produce deputies who cannot step into their Masters shoes since they are not from the same zone!

The Zoning system is not perfect and is just a party affair i.e PDP but the office of Senate President and speaker of the House do not suffer from the scenario painted above.  We have had Enwerem/ Okadigbo in the senate as well as Buhari/ Naabah also Etteh/ Bankole in the House. I think if zoning becomes constitutional then the zones will be better protected especially w.r.t impeachments.