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Nigeria: Bank Manager in EFCC Net Over Fraud

May 20, 2009
Total Loss: Unknown
The Economic and Financial Crimes Commission (EFCC) has arrested a Branch Manager with the United Bank of Africa (UBA), Victor Onodevwerho in Asaba for transferring money from an account owned by Delta State Ministry of Finance to his personal accounts. Investigation by EFCC revealed that Onodevwerho opened more than five accounts using fictitious names in the bank where he worked and at different occasions forged bank instruments to transfer money belonging to the ministry to these accounts.
Source: AllAfrica.com
Posted in: Internal Fraud
Tags: internal