The Economic and Financial Crimes Commission (EFCC) has arrested two bankers for allegedly stealing the sum of N661 million from their employers.
The duo, Samuel Obende, a Branch Manager, and Rabiu Alhasan Dawaki, Head of Operations, both of the Bello Road Cash Center of Union Bank Plc in Kano, allegedly abused their positions to perfect the heist.
According to the EFCC, the two were saddled with the responsibility for the evacuation and supplying of cash to about 17 branches of the bank in Kano, Katsina, Kaduna, and Jigawa States.
In the course of carrying out their duties, they fraudulently conspired to steal the said amount.
In an effort to conceal the illegal act, the EFCC said they fabricated accounting entries, which deceitfully showed that all the monies were sent to the respective branches.
The anti-graft agency said investigation is still progressing on the case.
