Nigeria’s Economic and Financial Crimes Commission is investigating former bank operations manager Obinna Nwaobi over the alleged diversion of ₦515 million from a DAHUA Paper Company account, Premium Times reported. EFCC spokesperson Dele Oyewale said a bank petition filed in Enugu alleged three unauthorised withdrawals of ₦200 million, ₦150 million and ₦165 million on 17 July 2024 from a debt-service reserve account. The commission said inquiries were continuing. The case forms part of a wider EFCC focus on insider banking fraud.
Source: Premium Times