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Home Featured

ICPC arrests accountant over new naira notes racketeering

The News Bearer by The News Bearer
February 17, 2023
in Featured, Metro
Reading Time: 2 mins read
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arrested an accountant of Oando Filling Station, Dutse Alhaji, Abuja over alleged racketeering of the new naira notes.

This latest arrest followed the continued onslaught by the Commission on some elements who had taken advantage of the scarcity of the new Naira notes to swindle unsuspecting Nigerians.

According to the ICPC spokesperson, Mrs Azuka Ogugua, in a statement, the ICPC Monitoring Team had earlier received a tip-off that the said filling station deliberately disconnected its Point of Sale (POS) services so that motorists could not have access to the Premium Motor Spirit, popularly called Petrol, using their Automated Teller Machine (ATM) cards.

“Upon reaching the Petrol Station, the team found out that motorists were forced to pay for the product in cash, and those without the new notes were directed to a POS operator directly opposite the filling station to access the cash.

“ICPC operatives found out that the POS did not only belong to the accountant of the filling station, but was charging a very high exorbitant rate as commission against the directive of the Central Bank of Nigeria (CBN).

“The sum of One Million Naira (N1,000,000) was discovered with the POS operator, which the team directed that should be paid into a bank account,” the statement read.

The spokesperson said that the accountant was arrested alongside the POS operator, and both had been granted administrative bail by the Commission.

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