Tuesday, 2 June 2015

EFCC sues Central Bank of Nigeria officials over N8bn fraud


Nigeria's anti-corruption body Economic and Financial Commission, EFCC, on Tuesday charged officials from the Central bank of Nigeria and some commercial banks in court over an 8 billion naira ($40 million) currency fraud.

A counsel to the EFCC, Rotimi Jacobs, while speaking with newsmen, said the officials had pleaded not guilty to the charges.

He said the court however, ordered that they be detained in prison pending their bail applications.

It would be recalled that the EFCC charged six CBN officials and 6 commercial bank staff accused of currency theft and recirculating naira notes intended for destruction at a court in Ibadan, the Oyo state capital.

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