EFCC arrests 2 bankers for allegedly stealing N4.2m from deceased customer’s account

 

The Economic and Financial Crimes Commission (EFCC) has apprehended two former employees of Union Bank in Makurdi for allegedly embezzling N4,199,500 from a deceased customer’s account.

In a statement released on Saturday in Abuja, EFCC spokesperson Dele Oyewale confirmed the arrest, which took place on Friday in Makurdi, Benue State.

The arrest followed a petition filed by Union Bank regarding fraudulent transactions on the account of a late customer, Emmanuel Agenna.

According to Oyewale, the suspicious activities were discovered when the deceased’s family contacted the bank to inquire about the account balance for probate purposes. The family disputed the balance provided by the bank and reported unauthorized debits.

An internal investigation by the bank revealed that a debit card was issued on May 10, 2023, for the deceased’s account. The debit card was allegedly procured by Ifah Ogoh, a Sales and Service Associate at the bank, with the bank’s authorization on the same date.

Further investigations alleged that Ogoh handed the debit card to another Sales and Service Associate, Agbo Okwute, who then passed it to an accomplice. This accomplice allegedly used the card to transfer and withdraw funds from the deceased’s account multiple times.

Oyewale stated that the suspects will face charges once the investigation is complete.