EFCC Arrests Two Bankers For N661m Fraud

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The Economic and Financial Crimes Commission (EFCC) has arrested two bankers for allegedly stealing the sum of N661,000,000 (six hundred and sixty one million Naira) from their employer. The duo, Samuel Obende, a Branch Manager, and Rabiu Alhasan Dawaki, Head of Operations, both of the Bello Road Cash Center of Union Bank Plc in Kano, abused their positions to perfect the heist. They were saddled with the responsibility for the evacuation and supplying of cash to about seventeen branches of the bank in Kano, Katsina, Kaduna, and Jigawa States.