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CBN suspends key staff over ‘plot to defraud’

CBN suspends key staff over ‘plot to defraud’
March 10
22:52 2016
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The Central Bank of Nigeria (CBN) says it has suspended key personnel connected to a fraudulent transaction aimed at defrauding the apex bank.

In a statement signed by Isaac Okorafor, acting director corporate communications, the bank said it has launched an “unfettered investigation into the fraud.

“A highly sophisticated plot to defraud the Central Bank of Nigeria (CBN) by some criminally minded elements has been uncovered and aborted by the bank,” the statement read.

“Although preliminary investigations so far have not revealed any accomplices within the CBN, management has decided to place all key personnel involved in the transaction on suspension.

“This is to ensure a full and unfettered investigation.”

The bank also assured Nigerians that the bank has its security totally intact, adding that the case at hand has been referred to the appropriate authorities.

“This incidence has been reported to relevant authorities. The CBN wishes to assure the general public that the security of the bank remains intact.”

The apex bank predates Nigeria’s independence, it was established by an, which was fully implemented on July 1, 1959, after which it swung into full operations.

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