Saturday, November 22, 2025
25.1 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

Hot this week

Unity Bank MD Tasks Youths on Savings Culture at World Savings Day

Mr. William Odigie in a photo session with some...

The Emirates A350 Makes Flypast Debut at 2025 Dubai Airshow

  Making its first-ever appearance in aerial formation, the Emirates...

Fidelity Bank Boosts Gymnastics Dev with Gymfest Championship 2.0 Sponsorship

L-R: Head Coach, Tee Tumblers Gymnastics Club & Lagos...

Cancer Care: Polaris Bank Celebrates with C.O.P.E on 30 Years of Hope, Impact, Partnership

L-R: Bukola Oluyadi, GH, Customer Expweience & Value management,...

Topics

Sterling HoldCo Moves Ahead in recapitalisation, Cements Regulatory Approval

Sterling Financial Holdings Company PLC has achieved another milestone...

Stock Market Statistics: Tuesday, 17th October 2017

Market Cap (N'bn)               12,622.3 Market...

Flour Mills Rights Issue Ends Feb 21

Flour Mills of Nigeria (FLOURMILL) Rights Issue, opened on...

‘Nigeria Should Not Panic over Energy Transition, Leads in Oil/Gas Local Content’

Engr. Simbi Wabote, Executive Secretary, Nigerian Content Development and...

Orange Corners Nigeria Secures Financial Sponsorship from Stanbic IBTC

(From L-R: Michel Deelen, Consul General, Kingdom of the...

$3tr Emerging Markets Debt Threatens Global Economy

The International Monetary Fund (IMF) says emerging markets have over-borrowed over $3 trillion in debt, thus posing the greatest risks to the global economy amid a fifth straight year of slowing growth. "We estimate that there is up to $3 trillion in over-borrowing in emerging markets," Jose Vinals, a top IMF official, said in presenting the body's Global Financial Stability report at its Annual Meetings in Lima, Peru.

ITU Telecom World Awards 2018 Seeks Innovative Global Tech Solutions

The International Telecommunication Union (ITU) – the United Nations...
spot_img

Related Articles

Popular Categories

spot_imgspot_img