Aborted fraud: Investigations yet to point to CBN insider accomplices

Central Bank of Nigeria (CBN) said on Monday that investigations so far into the fraud uncovered last week by the bank, which led to the suspension of some key staff, were yet to point to insider accomplice.

The CBN acting director, corporate communications department, Isaac Okorafor, said the CBN tried to clarify the suspension of some of its key staff following the incident that reportedly involved over $400,000 scam.

Answering questions from journalists in Abuja, on Monday night, Okorafor explained that the affected personnel suspended by the management had to undergo that administrative procedure because they handled the routine processing of the said payment.

Okorafor, who reiterated that preliminary investigations so far have indicated any accomplice within the bank, noted that management had to suspend the officers in order to allow unfettered investigation into the matter.

It will be recalled that the CBN in a statement last week stated that the bank had uncovered and aborted a highly sophisticated plot to defraud the Central Bank of Nigeria (CBN) by some criminal minded elements.

Okorafor disclosed that the CBN management decided to place all key personnel involved in the transaction on suspension and has reported the matter to relevant authorities. The CBN, in the statement, also assured the public that the security of the bank remained intact.