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

Two former employees of Union Bank in Makurdi, Benue State, have been arrested by the Economic and Financial Crimes Commission (EFCC) for allegedly embezzling a staggering N4,199,500 from the account of a deceased customer.

The arrest was confirmed by the EFCC’s spokesperson, who revealed that the suspects were apprehended on Friday. The incident came to light after a petition was filed by the bank regarding suspicious transactions on the account of the late Emmanuel Agenna.

According to sources, the bank’s internal investigation discovered that a debit card was issued for Agenna’s account in May 2023 without his knowledge. The card was allegedly obtained by Ifah Ogoh, a former sales and service associate at the bank, with the authorization of her superiors.

Ogoh is said to have handed the card over to another colleague, Agbo Okwute, who then passed it to an accomplice. The accomplice allegedly used the card to make unauthorized transactions and withdrawals from Agenna’s account on multiple occasions.

The EFCC has taken custody of the suspects and will charge them once the investigation is complete. The commission has vowed to bring those responsible to justice for their alleged role in the embezzlement of Agenna’s funds.

The case highlights the importance of vigilance and transparency in financial institutions, as well as the need for customers to remain informed about their account activities.