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More bank officials arrested over naira scarcity

As the plague of naira scarcity continues to crumble the economic activities of Nigerians across the nation, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has announced the arrest of more bank officials in Abuja and environ.

The arrest came after discovering the sum of N258 million stashed in the vaults of a new generation bank.

The spokesperson of the anti-graft agency, Azuka Ogugua, explained that new naira notes were found in the vault of the Abuja head office of Sterling Bank.

“Operatives of ICPC discovered the sum of Two Hundred and Fifty-Eight Million Naira (N258m) stashed in the vault at the head office of Sterling Bank in Abuja,” she said.

“The team however found out that only the sum of N5 million each was distributed to their various branches.

“Both the Regional and Service managers were arrested and later granted administrative bail while investigation continues,” she said.

The commission also arrested a top official of Keystone bank in Mararaba, Nasarawa state.

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