The Independent and Corrupt Practices Commission (ICPC) has arrested a branch manager of an FCMB bank branch in Osogbo for sabotaging the new currency swap policy of the CBN.
ICPC Compliance Team in Oshogbo has busted an FCMB in Osogbo, Osun State where some ATMs were loaded with cash with their wrappers un-removed, thus preventing the cash from being dispensed. The Team therefore directed that the wrappers be removed, and the cash loaded properly.
However, when a follow-up visit was undertaken the following day to ascertain the level of compliance, the Team discovered that one of the ATMs was still loaded with the wrappers un-removed.
The Operation Manager of the Bank was arrested and taken in for questioning.