Operatives of the Lagos Police Command have arrested 4 suspects, including 2 bank employees, over alleged £138,924 (N277,848,000) bank fraud.
The suspects identified as Shuaib Oluwatobiloba Olaleye, 27; Oladunjoye Adegoke, 33; Austin Alfred, 38, and Jude Uzobuaku, 36 were arrested between March 12 and 13 over their alleged involvement in the illegal transfer of the amount from the domiciliary accounts of international airlines domiciled in the affected commercial bank.
According to the police, the suspect allegedly moved the money from the accounts of the real owners into the domiciliary account of a former employee of the bank before collecting the money.
Briefing reporters on breakthroughs recorded by the command in the last two weeks, the Commissioner of Police (CP) Olohundare Moshood Jimoh, said investigators were assigned to the case following a report from the commercial bank. (TheNation)