Sunday, March 16, 2014

FRAUD ALERT: How Emir of Kano Lost At Least N17m To Female Banker


A young female banker could not resist the desire to get into N46 million in the dormant bank account of the Emir of Kano, Alhaji Ado Bayero.

The suspect, identified as Amina Magaji, embarked on a risqué operation to reactivate Emir’s account and to convert part of the balance there in to her use.

The banker has allegedly applied for a cheque book, purportedly on the order of Bayero, got it and began to operate the inactive account, which was opened back in 1967.

By the time the Economic and Financial Crimes Commission (EFCC) busted her, she had already withdrawn N17million from the account.

Amina, believed to be in her late 30s, allegedly began systematic withdrawal from the monarch’s account since 2011 before she ran out of luck, when her boss discovered discrepancies in the Emir’s signature.

The EFCC source said the matter was reported to the anti graft agency for appropriate action, stressing that “consequent upon that, we invited and quizzed 12 staffers closely related to the account”.

According to Vanguard, the principal suspect is currently in the EFCC custody pending the completion of investigation into the case.


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