Thursday, May 7, 2026
26.3 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

The Machine Era of Spam: Nigeria is Africa’s Most Spammed Country

A phone call used to mean a person on...

Mutual Benefits Bags Double Honours at 2026 NIA Awards Ceremony

Mutual Benefits Assurance Plc has recorded a significant milestone...

Mutual Benefits Restates Commitment to Responsible Corporate Practice

Mutual Benefits Assurance Plc has reaffirmed its long-standing commitment...

Stanbic IBTC Redefines Home Ownership in Nigeria with 450 Homes Disbursed

Stanbic IBTC is strengthening its position as a trusted...

Topics

PenCom Concludes Regulatory Intervention in First Guarantee Pension

  The National Pension Commission (Commission) wishes to inform stakeholders...

Interswitch & Finastra: Inside The Partnership for Digital Payments in Africa

Interswitch, Africa’s leading technology-driven company focused on the digitization...

Tinubu: Oyedele In, Uzoka-Anite Out as Minister of State for Finance

President Bola Ahmed Tinubu has nominated Mr Taiwo Oyedele...

‘Africa Needs Blue Economy Strategy to Harness the Oceans’

The African continent needs to work together on a...

CITN Pays Courtesy Visit to Sovereign Trust Insurance

From L-R: Kayode Adigun, GM, Finance and Corporate Services,...

Global Airlines Financial Monitor: December 2018

The industry-wide EBIT profit margin remained broadly unchanged in...

African Dev Bank Unveils $500m Deal with African Trade Insurance Agency

The African Development Bank (AfDB) and African Trade Insurance...

Guinea Insurance: N1bn Premium, Digital Roadmap in 2020

Guinea Insurance Plc held its 63rd Annual General Meeting...
spot_img

Related Articles

Popular Categories

spot_imgspot_img