Court Orders Seizure of Over N20 Million Traced to Banker
The Federal High Court sitting in Abuja has ordered the seizure of funds and assets that the Economic and Financial Crimes Commission, EFCC, traced to a banker, Mr Aleshe Ayodeji, who allegedly deposited fake currencies worth over N20million, with the Central Bank of Nigeria, CBN.
EFCC alleged that Ayodeji, who was in charge of depositing funds in the CBN on behalf of a commercial bank, committed the fraud in connivance with staff members of the apex bank.
In legal processes it filed before the court, the anti-graft agency, alleged that the defendant, in an attempt to swindle the Federal Government, switched several boxes of N1000 notes, each box valued at N10million, with papers and fake currencies.
It told the court that working in cahoot with other bank officials, the defendant, while pretending that the fake currencies were either defaced or mutilated Naira notes, received payments of correct values of the monies, which were usually paid into designated private accounts.
The EFCC, in an affidavit that was deposed to by one of its operatives, Mr. Shepherd Nanaoweikumo, told the court that the CBN has a practice that allows Deposit Money Bank (DMB) to return interleafed and mutilated monies to it for replacement.
It disclosed that such funds, when returned, would be examined by a staff of the apex bank.
According to the Commission, such deposits made by the a Commercial Bank, after awaiting examination for a period of two years, would be automatically destroyed through briquetting exercise.
EFCC told the court that its investigation revealed that CBN officials involved in the fraud often deliberately allowed boxes of the fake currencies to stay more than two years without inspection, “in a calculated effort and fraudulent attempt to avoid examination”.