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Crime Watch: EFCC Nabs Six CBN Officials, 16 Others Over Alleged N8 Billion Scam

Posted by Lolade on Mon 01st Jun, 2015 - tori.ng

Six top officials of the Central Bank of Nigeria and 16 other commercial banks staff have been arrested for their alleged involvement in an N8 billion scam.

The Economic and Financial Crimes Commission (EFCC) has nabbed six top Central Bank of Nigeria (CBN) officials and 16 other commercial bank workers over an alleged N8 billion scam.

The suspects have been accused of “stealing and putting into circulation defaced and mutilated Nigerian currency notes to the tune of N8 billion meant for destruction.”

According to sources privy to the arrest, the suspects are currently in EFCC custody, as they await arraignment at the Federal High Court, Ibadan, on Tuesday.

The trial is billed for Thursday, June 4th, as the court would like to fasttrack prosecution, if the accused persons are found guity.