Monday, June 8, 2026
24.9 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

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...

Govt Comprehensive Secondary School, Borikiri, Crowned Champion of 2026 NLNG Science Contest

Sophia Horsfall, General Manager, External Relations and Sustainable Development,...

Topics

Tinubu Commissions WAGL’s 40,000 CBM LPG Vessel in South Korea

Dignitaries at the naming ceremony of the 40,000 cubic...

NIGERIA: Between Mismanagement & Leaking Treasury

The Treasury of the Federal Republic of Nigeria is sick. According to economic doctors, the Nigerian treasury is suffering from acute mismanagement and basket-type leakages. Other diagnosed ailments include falling oil prices and dwindling foreign reserves. The sicknesses were made public recently by Ngozi Okonjo-Iweala, Federal Minister of Finance and Co-ordinating Minister of the Economy in Abuja.

Buhari Commends Insurance Sector on Free Insurance Cover for Frontline Workers

  President Muhammad Buhari has commended the insurance sector for...

Sovereign Trust Insurance Holds 30th AGM

L-R: Eric Balogun, Independent Director, Emi Faloughi, Director, Kayode Adigun,...

Polaris Bank Reinforces Commitment to Exceptional Customer Experience at Global Trade Forum in Ibadan

Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris...

Huawei Wins Best Cloud Award at TV Connect 2016

Huawei uCDN solution was presented with the “Best Cloud...

How MTN’s Financial Woes Highlight the Challenges of Doing Business in Nigeria 

  By Elvis Eromosele  Doing business in Nigeria is tough. While...

NAICOM Seeks Synergy with CBN, NCC, SEC on Fintech, Financial Inclusion

L-R: The President, Guild of Corporate Online Publishers (GOCOP),...
spot_img

Related Articles

Popular Categories

spot_imgspot_img