₦airaland Forum

idahme:
Nigeria is filled with corrupt people even if you pay them 5m they will still steal. Go to IOCs and see a typical example of what I am talking about.

Trimjos:
White people do worse. Ever heard of Bernie Madoff?

wallarwallar:
Bernie is not a bank fraud oga it was a fraud like that of MMM. Use Google if you are not sure

doggedfighter:
When you find , kindly let us know. Let's storm there 😀

immortalcrown:
Do white people do something like this? I mean, do white bankers steal from the costumers of the banks?

Or, is Africa cursed with the most heartless people?

immortalcrown:
Do white people do something like this? I mean, do white bankers steal from the costumers of the banks?

Or, is Africa cursed with the most heartless people?

eastcoast100:
Plz correct yourself..Say, your Yoruba is filled with corrupt people If it is an ibo man, this afonji ofe mmadu will be masturbating on this trend like say na Ewodu and agbado..
See how dey hide the identity dey say Nigeria people instead of Yoruba people

TrillionBots:
Abeg please was this recent?
Cos I had 35k debited from my account last week, same UBA, I wanted heading to the bank Today but couldn't because of the strike so I had to search UBA on NL search bar to check if someone else has similar issues, then I came across this post

immortalcrown:
Do white people do something like this? I mean, do white bankers steal from the costumers of the banks?

Or, is Africa cursed with the most heartless people?

First Bank sacked over 100 employees in July 2024, four months after discovering that Tijani Muiz Adeyinka, a manager on the operations team, allegedly diverted ₦40 billion over two years. In details first reported by TechCabal, Adeyinka, who is still on the run, used his authorisation to approve chargebacks to accounts he controlled.

Two people with direct knowledge of the matter claimed that at least 120 employees, including full-time and contract staff of First Bank’s large operations department, were given termination letters in July. The head of transactions at the time was also fired.

Those employees were accused of laxity in carrying out their duties and were told they should have spotted the fraud earlier. First Bank’s management team believed it was impossible for a fraud of that scale and timeline to have been executed without the knowledge of Adeyinka’s superiors.

immortalcrown:
Do white people do something like this? I mean, do white bankers steal from the costumers of the banks?

Or, is Africa cursed with the most heartless people?

The Federal High Court in Ikoyi, Lagos State, on Thursday, ordered the final forfeiture of seven landed assets linked to a former staff member of First Bank Nigeria (FBN) to the Federal Government.

According to a press statement released by the Economic and Financial Crimes Commission (EFCC) on Thursday, the assets comprised a flat and parcels of land mostly in choice estates in Epe and Ibeju-Lekki areas of Lagos State. Only one of the parcels of land is in the Federal Capital Territory (FCT), Abuja.

The properties are suspected by the EFCC to be proceeds from the alleged fraudulent activities of the former bank official, Muiz Adeyinka.

Mr Adeyinka allegedly perpetrated the fraud during his time in the bank’s settlement office.

The EFCC has stated that investigations indicate Mr Adeyinka and his associates received up to N35 billion from the alleged fraud.

The judge, Dehinde Dipeolu, ordered the final forfeiture of the assets on Thursday following a request by the EFCC.

This was preceded by an earlier interim forfeiture order on the assets.

While the interim order was in place, the judge ordered, EFCC should make a national newspaper inviting all parties that might be interested in the assets to appear to show cause why they should not be permanently forfeited to the Nigerian government.

Moving the application for the final forfeiture of the assets on Thursday, EFCC’s lawyer, Zeenat Atiku, told the court that “no one showed cause within the 14 days window granted after the publication.”

In the affidavit filed in support of the application, Isah Yusuf Nadabo, an operative of the EFCC, told the court that Mr Adeyinka worked at the settlement office of the bank where he had “access” available only by virtue of his office.

The operative stated further in the affidavit that, “He, therefore, carried out illegal, unauthorised and fraudulent activities against First Bank Nigeria Plc.

“Investigation has thus far revealed and traced the sum of N35billion benefitted by Muiz Tijani Adeyinka and his cronies.”

In her submission on Thursday, Ms Atiku told the court that the properties traced to Mr Adeyinka were reasonably suspected to have been acquired with proceeds of unlawful activities.

After listening to the EFCC’s counsel, Mr Dipeolu held that her argument in support of the application for final forfeiture was meritorious.

He ordered the final forfeiture of the properties to the Federal Government of Nigeria.

Reelmii:
40 billion ...in as much as i dont support stealing in any form...but i must say this is what u get wen staffs are not well paid...


I always say it, people who work in financial institutions should be well paid..not paying 80k


And like i said earlier, there is no justification for stealing

Proserpina:
I will confirm this news from my first bank plug

I don't trust banks anymore... Before you know it, customers funds will go missing in their so called recovery process.