The Economic and Financial Crimes Commission (EFCC) has arrested two former Union Bank workers in Makurdi for allegedly stealing N4,199,500 from a deceased customer’s account.
What They Are Saying
EFCC spokesperson Dele Oyewale said the suspects, Idah Ogoh and Agbo Okwute, were arrested on Friday in Makurdi, Benue state. The arrest came after Union Bank reported fraudulent activity on the account of Emmanuel Azer Agenna, a deceased customer.
“When the deceased’s family asked for the account balance for probate, they noticed discrepancies. They complained about unauthorized debits on the account,” Oyewale explained.
An internal investigation by the bank found that a debit card was issued for the deceased’s account on May 10, 2023, by Idah Ogoh, a Sales and Service Associate. Ogoh then gave the card to Agbo Okwute, another Sales and Service Associate, who passed it to an accomplice to withdraw money from the account.
Why It Matters
This arrest shows the problem of fraud within banks and the need for better control and accountability. It highlights how insiders can exploit weaknesses in the system, affecting customer trust and the bank’s reputation.
Bottom Line
The suspects are now in custody and will face charges once the investigation is done. This case shows the need for stronger security measures in banks and warns of the risks of internal fraud.
