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EFCC arrests bank official over alleged hoarding of new naira notes.

The Economic and Financial Crimes Commission (EFCC) has arrested an unnamed bank’s operations manager in Abuja for hoarding the new naira notes.

The EFCC said it arrested the unnamed bank staff in one of its operations for refusing to load the Automated Teller Machines of the bank, despite having N29 million of the redesigned Naira notes in the branch’s vaults.

Before he was whisked away for further questioning, the EFCC operatives ordered the loading of all the ATMs and the payment of the stipulated amount across the counter to the delight of the distraught customers who had spent hours in queues.

The EFCC assured that it will continue the operation across the nation “until normalcy is restored to the banking system.

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