Bank manager arrested over wrapped new naira notes in ATM vault in Osogbo

The Independent Corrupt Practices and Other Related Offences Commission has arrested the manager of a bank in Osogbo, Osun State, for loading the bank’s automated teller machines with wrapped new Naira notes, thus preventing the machine from being able to dispense the notes.

The ICPC made this known on Twitter page on Friday.

According to the agency, the team directed that the wrapped new Naira notes be properly loaded so that they could be dispensed properly.

“ICPC Compliance Team in Oshogbo has busted an FCMB in Osogbo, Osun State where some ATMs were loaded with cash with their wrappers unremoved, thus preventing the cash from being dispensed. The Team therefore directed that the wrappers be removed, and the cash loaded properly.

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