A banker working with a micro-finance bank belonging to the Federal
University of Agriculture Abeokuta, Ogun State, has absconded with
the sum of N6.5million belonging to the bank. The Premium Times
newspaper reports that the suspect is said to be the accounting officer
of the bank and used his position to siphon money from the bank
account for his personal use.
He was reportedly in charge of the
money coming into the account of the bank and the subsequent
transfer of such to the GTBank, which is the superintending bank
for the microfinance bank. However, rather than lodge such money
on a daily basis to the account of the superintending bank, the suspect
allegedly uses fake tellers as evidence of payment.
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