Naira Notes Redesign: ICPC Arrests Bank Officials Over Sabotage

The Independent Corrupt Practices & Other Related Offences Commission, ICPC, has arrested an official of Stanbic IBTC Bank, Deidei Branch, Abuja for alleged sabotage.

Charged with the mandate of fighting corruption, the commission arrested the Branch Service Head of Stanbic IBTC on Friday for deliberate refusal to upload cash into the branch’s Automated Teller Machines (ATM) even when the cash was available.

It revealed that with a cash crunch in the country and Nigerians in the queue, the unidentified official refused to upload the cash.

In a similar development, the ICPC 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, on Friday, 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.

Meanwhile, President Muhammadu Buhari urged citizens to give him seven days to address the unavailability of the new Naira notes in the country.