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    EFCC arrests First Bank staff over N18m fraud

    Chronicle EditorBy Chronicle EditorJune 16, 2020No Comments1 Min Read
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    Philips Orunmade has been arrested by EFCC after defrauding First Bank Plc
    Philips Orunmade has been arrested after defrauding First Bank Plc
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    The Benin Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested a staff of First Bank of Nigeria Plc, Philips Orumade, for allegedly stealing the sum of eighteen million, nine hundred thousand naira ( N18,900,000) from the bank.

    Orumade, who was said to be in charge of ATM gallery keys at Aduwawa branch of the bank, on November 3, 2019 allegedly disappeared with the said amount and efforts to trace him proved abortive.

    According to the bank, the suspect was captured by the CCTV footage, walking into the ATM gallery, before using a nylon bag to cover the CCTV.

    • Man jailed 24 years for money laundering in Ibadan

    The suspect has been on the run and was recently apprehended in Lagos.

    He has made useful statements and will soon be charged to court as soon as investigations are completed.

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    Education Minister Dr Tunji Alausa announces adoption of Kaduna's household mapping model to identify out-of-school children nationwide.

    FG adopts household mapping to tackle 15m out-of-school children

    July 30, 2026
    Osun 2026: Accord petitions Tinubu, IG over police harassment

    Osun: Accord Party petitions Tinubu, IG over police harassment

    July 30, 2026
    Access Bank acquires BankABC Tanzania

    Access bank denies shutdown rumors

    July 30, 2026
    Taiwo Oyedele speaking at the African Emerging Markets Forum in Abuja, urging global investors to invest in Nigeria's growing economy.

    FG woos investors, financiers to invest in Nigeria

    July 30, 2026
    Atiku Abubakar calls for transparency over the ₦15.13 billion budget allocation for 39 SUVs in the 2026 Federal Budget.

    Atiku challenges Tinubu to publish details of N15.13bn SUV procurement

    July 30, 2026
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