Niger Top News

Value of CBN currency fraud more than N8bn – EFCC

IBADAN—More indications emerged yesterday at the Federal High Court, Ibadan, where some bankers from the Central Bank of Nigeria and commercial banks are standing trial over alleged fraud running into billions of naira as the Economic and Financial Crimes Commission, EFCC, told the court that the stolen money was more than the N8 billion being reported in the media. EFCC operatives leading fresh suspects in the N8 billion CBN staff fraud to the court premises in Ibadan, Oyo State, yesterday EFCC operatives leading fresh suspects in the N8 billion CBN staff fraud to the court premises in Ibadan, Oyo State, yesterday EFCC operatives leading fresh suspects in the N8 billion CBN staff fraud to the court premises in Ibadan, Oyo State, yesterday EFCC operatives leading fresh suspects in the N8 billion CBN staff fraud to the court premises in Ibadan, Oyo State The anti-corruption commission represented by its counsel, Mr. Rotimi Jacobs (SAN) and other counsel gave this hint while proving the enormity of the offences committed and reason why the court should not grant the bail applications the accused tendered to the court. He said, “There are other boxes they poured acid on. That alone contained N3.9 billion.