Naira Scarcity: ICPC arrests bank manager, POS operators, security guards in Osogbo

The Osun State Office of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed that the commission has bank manager, POS operators, security guards.Information Guide Nigeria

According to DAILY TRUST, the commission arrested the Operations Manager of First City Monument Bank in Osogbo for loading new naira notes with wrappers unremoved in the bank’s Automated Teller Machines (ATMs).

The anti-graft body said they were arrested for charging exorbitant commissions for cash dispensed to members of the public.

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In a statement made available by Azuka Ogugua, the ICPC spokesperson on Friday, the Commission said, “The ICPC Compliance Team in Oshogbo has 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.NYSC portal

“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 to ascertain the level of compliance, the Team discovered that one of the ATMs was still loaded with the wrappers un-removed.

“The Operations Manager of the Bank was arrested and taken in for questioning.”

”After collecting the money, Ogugua revealed that the operators then resell the cash to the public at exorbitant rates.

“The arrested persons are helping the Commission with information to assist investigations and bust any syndicates involved in the hoarding or sales of the redesigned notes.”JAMB Result

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