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General News of Friday, 2 August 2019

Source: dailypost.ng

EFCC arrests banker over alleged N35m fraud -

Operatives of the Kano State Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested a new generation banker, Ayuba Yakubu, over alleged cheating and criminal diversion of N35 million depositors’ fund.

The suspect was said to be an account officer to the complainants who entrusted him with millions of naira belonging to customers of another bank in Kofar Ruwa, Kano.

EFCC spokesman, Tony Orilade disclosed this in a statement made available to newsmen in Abuja.

Orilade added that preliminary investigations revealed that the suspect employed fraudulent means to divert the money to his personal use.

However, the EFCC spokesman said the suspect would be arraigned before a court of competent jurisdiction at the end of investigations.