Shame: Union Bank's senior managers in EFCC net for stealing customers N661m

For shamelessly and wickedly stealing the whopping sum of N661 million belonging to customers of Union Bank, the Economic and Financial Crimes Commission (EFCC) has arrested two senior bank managers of the troubled financial institution.
The suspects SHOWBIZPLUSng gathered are a branch manager, Samuel Obende and a head of operations, Rabiu Alhasan Dawaki, both of Bello Road Cash Centre of Union Bank Plc in Kano.
 The anti-graft agency said they abused their positions to perfect the theft, which is currently causing panic and pandemonium among scared customers of the bank.

A statement signed by the agency’s spokesman, Wilson Uwujaren, said the suspects were saddled with the responsibility for the evacuation and supplying of cash to about 17 branches of the bank in Kano, Katsina, Kaduna and Jigawa States, respectively.
In the course of carrying out their duties, they fraudulently conspired and stole the sum of N661m.
“In an effort to conceal the illegal act, they fabricated accounting entries, which deceitfully showed that all the monies were sent to the respective branches,” he added.
Uwujaren further stated that investigation into the monumental fraud was still on-going.
Respected banker, Emeka Emuwa is the managing director and chief executive officer of embattled Union Bank.