Wednesday, June 10, 2026
25.9 C
Lagos

Stanbic IBTC: ‘Alleged Abule-Egba ATM Fraudster Not Our Staff’

The attention of the management of Stanbic IBTC Bank PLC has been drawn to news currently circulating in the media, about the alleged arraignment of staff of the Bank on charges bordering on the theft of customers deposits.

The Bank would like to clarify that the defendant, a 22-year-old Tope Olajide IS NOT, and was at no point in time an employee of Stanbic IBTC Bank PLC.

The alleged culprit was apprehended around 7:30 am, on Thursday, 27 August 2020, by security operatives after he was exposed by CCTV footage using ATM cards he had allegedly stolen and converted, to make withdrawals from the accounts tied to the stolen ATMs.

The CCTV footage also showed the alleged culprit pretending to assist customers at ATMs whilst also attempting to fraudulently dispossess the customers of their ATMs.

He was subsequently arraigned before an Ikeja Magistrate Court on Monday, 14 September, for stealing the debit cards of two customers and using them to unlawfully withdraw the sum of N427,000. 

The Bank would also like to implore members of the public to be security conscious when conducting transactions at ATMs. Customers are advised to report any suspicious actions around them to security operatives who are usually stationed around the Bank’s ATMs, when carrying out transactions at any of our ATM locations.

As an organisation, we hold dear the values of integrity, and we will continue to prioritise the safety of our customers effectively.

spot_img
spot_img
spot_img
spot_img

Hot this week

Heirs Insurance: 3m Policyholders in 5 Years of Industry Transformation

Heirs Insurance Group says it has recorded over three...

Universal Insurance CEO, Jeff Duru, Chairs SUPERNEWS Confab 2026, as Idu Okeahialam Delivers Keynote Paper

SUPERNEWS Nigeria has announced the Managing Director/Chief Executive Officer of...

REA CEO, Stakeholders to Brainstorm on Nigeria’s Energy Transition Pathway at 2026 Oriental News Conference 

The Rural Electrification Agency (REA), would be leading conversations...

Mutual Benefits Unveils New Website, Expanding Digital Access to Insurance Solutions

  New Platform Enhances Customer Experience, Enables Online Purchase...

Topics

Domestic Equities Market Continues Losing Streak… ASI Down 1.0%

Yesterday, the domestic equities market extended its losses to...

Nigeria Ranks 18 in 2016 ICT/Telecom Index in Africa

The Global Telecommunication Union (GTU) recently published a report...

Private Equity Firms Invested $21.6bn in Africa from 2010 to 2015

Private equity firms have invested $21.6 billion in Africa...

Five African Inventions for 2017

Here are five African inventions which may take off...

Linkage Assurance Assures Clients of Value, Efficient Service in 2019

L-R: Mr. Humphrey Ozegbe, Head, Human Resources; Mr. Tony...

Nigeria: Smartphone Market Grew 2% Units, Declined 6.4% in Shipment

        Nigeria's smartphone market grew 2.0% in unit terms quarter...

Interswitch Secures CBN Payment Service Holding Company Licence

Interswitch Group, one of Africa’s leading financial technology and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img