Tuesday, March 17, 2026
27.3 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

NLNG Expands VIBES Programme with Induction of 103 New Beneficiaries

NLNG’s economic empowerment initiative, the Vocational Innovation Business and...

PalmPay Commits to Gender Balance in Fintech Space @ Purple Woman 3.0

L-R: Olorunfemi Hanson, Head of Marketing, PalmPay Nigeria; Kemi...

Nigeria’s Reforms Driving Strong Domestic Capital Mobilisation, Says NGX Group CEO

The Group Managing Director/Chief Executive Officer of Nigerian Exchange...

NCDMB: 33 Engineers Begin Training in Pipeline Pigging, Corrosion Control

Thirty-three young graduates of engineering, geology and related disciplines...

NCDMB, Radisson, Edison Sign Management Deal for Yenagoa Hotel

The Nigerian Content Development and Monitoring Board (NCDMB) on...

Topics

Retail Index: Nigeria Drops to 4th Position in Africa

The 2015 African Retail Development Index released recently revealed that Nigeria dropped from Number 2 position in Africa to Number 4, though it remains a market to consider on the continent. Indeed, the report reveals the most attractive retail markets on the continent and discusses the growth of the middle-class in Africa, increased consumerism, the spread of malls, land being taken up for development for retail purposes and Sub-Sahara’s young and connected middle class that is growing fast and still deciding on its favourite brands.

NCDMB Hosts Nigerian Army Personnel, Showcases Milestones in Local Content Implementation

The Nigerian Content Development and Monitoring Board (NCDMB) on...

West Africa Needs Advanced Mobile Infrastructure, says IBM Nigeria Boss

Increased investments in relevant new technologies like mobile, cloud and big data analytics that offer advanced solutions and services are essential for West Africa’s socio-economic development. In practically all sectors of the regional economy, these advanced technologies allow economies and companies to ensure the integrity of their data assets, providing them with hitherto unseen levels of data mining capabilities which, allows them to derive fresh insights and business intelligence from these data. These salient points were made recently by Taiwo Otiti, Country General Manager for IBM West Africa, on the sidelines of the HR Leaders Africa Summit held recently in Lagos.

Inspenonline Summit to Stimulate Interest for Good Retirement

The 2025 Inspenonline Retirement Summit is aimed at stimulating...

INEC Presents Cheques to Beneficiaries of Late Police Officers

The Independent National Electoral Commission has presented cheques to...

Verve Global Card Unveils 1st Int Transaction in New York

Verve, a leading payments technology and card business in...

Diamond Bank Gasping for Breath as Key Indices Slide

These are difficult and challenging times for Diamond Bank Plc as major operational indices slide as at the end of 2014 financial year and first quarter of 2015. The downward looking indices include Capital Adequacy Ratio (CAR), Net Interest Margin (NIM), Profitability, Gross Earnings and Net Margin, while the bank harvested hikes in Cost to Income Ratio (CIR), Cost of Funds (CoF), Operating Expenses and Impairment Charges.

Embraer to Sack 4000 Staff

Brazilian plane manufacturer, Embraer announced plans to reduce its...
spot_img

Related Articles

Popular Categories

spot_imgspot_img