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EFCC nabs First Bank staff over N18.9M fraud

by Biodun Busari
June 17, 2020
in News
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Philip Orumade (Photo by EFCC via Twitter)

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Suspect currently in EFCC custody awaiting trial

Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission, EFCC has arrested a staff of First Bank of Nigeria, FBN, Mr. Philip Orumade for stealing from his employer.

Specifically, the Benin Zonal Office of the anti-graft agency Orumade for allegedly stealing the sum of 18.9 million naira from the bank.

In the commission’s statement posted on its Twitter hand, the commission said: “Orumade, who was said to be in charge of ATM gallery keys at Aduwawa branch of the bank, on November 3, 2019, allegedly disappeared with the said amount and efforts to trace him proved abortive”.

Also, read Nigeria’s anti-graft agency, EFCC secures 257 convictions, retrieves N14.1bn, $5,7m, €31,500 in Lagos

The commission quoted the bank as alleging that “the suspect was captured by a CCTV footage,  walking into the ATM gallery, before using a nylon bag to cover the CCTV”.

The suspect has been on the run and was recently apprehended in Lagos.

The commission said Mr. Orumade has made useful statements and will soon be charged to court as soon as investigations are completed.

EFCC Arrests Banker For Alleged  N18 million Fraud

The Benin Zonal Office of the EFCC has arrested a staff of First Bank of Nigeria Plc, Philips Orumade, for allegedly stealing the sum of Eighteen Million, Nine Hundred Thousand naira (N18,900,000) from the bank.
1/ pic.twitter.com/RlwyiXPhfi

— EFCC Nigeria (@officialEFCC) June 16, 2020
Tags: EFCC

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