By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Okay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Reading: Union Bank Reacts As They Claim Ownership of $2.8m Cash Intercepted By EFCC at Enugu Airport
Font ResizerAa
Okay NewsOkay News
  • News
  • Politics
  • Business
  • Technology
  • Security
  • Entertainment
  • Sports
Follow US
2026 © Okay International Limited - All rights reserved
News

Union Bank Reacts As They Claim Ownership of $2.8m Cash Intercepted By EFCC at Enugu Airport

Farouk Mohammed
By
Farouk Mohammed
ByFarouk Mohammed
Publisher
Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
Follow:
Published: 2018/12/22
1 Min Read
Share
SHARE

Union Bank has come forward to claim ownership of $2.8m cash intercepted by Economic and Financial Crimes Commission (EFCC) at Akanu Ibiam International Airport, Enugu.

okay.ng recalls that the operatives of Economic and Financial Crimes Commission (EFCC) announced the interception of $2.8m cash from Ighoh Augustine and Ezekwe Emmanuel who were workers of Bankers Warehouse.

They were arrested at the departure lounge of the airport on Thursday night while about to board an Arik Air flight to Lagos.

Now, Union Bank have claimed ownership of the intercepted $2.8m and also denied any wrongdoing, saying the practice was standard in the banking industry and its contractors were licenced by the Central Bank of Nigeria (CBN).

- Advertisement -

In a string of tweets on Friday night, Union Bank criticised the EFCC for being too hasty at disclosing the development to the public, “prior to the completion” of investigation.

See tweets below;

1: Movement of cash across states is routine for all banks.

— Union Bank of Nigeria (@UNIONBANK_NG) December 21, 2018

2: Bankers Warehouse is licensed by CBN to provide Cash-in-Transit services

— Union Bank of Nigeria (@UNIONBANK_NG) December 21, 2018

3: We are surprised by the release of a news bulletin prior to the completion of @officialefcc investigation

— Union Bank of Nigeria (@UNIONBANK_NG) December 21, 2018

4: This is a legitimate and routine operation consistent with banking.

— Union Bank of Nigeria (@UNIONBANK_NG) December 21, 2018

 

Follow Okay News channel on WhatsApp
Add as a preferred source on Google
Follow Okay News on Instagram
- Advertisement -

TAGGED:EFCCUnion Bank
Share This Article
Facebook Pinterest Whatsapp Whatsapp Email Print
Previous Article Funke Akindele-Bello and Husband, JJC Skillz Welcome Twins
Next Article TStv Ready to Commence Proper Operation After Challenges Since Launch in 2017

Stay Connected

FacebookLike
XFollow
InstagramFollow
TiktokFollow
WhatsAppFollow
- Advertisement -

More News

News

EFCC Charges Man Over ₦603 Million Fake NNPC Job Appointment Scheme

By Adamu Abubakar Isa
3 Min Read
The modern headquarters of the Economic and Financial Crimes Commission (EFCC) in Abuja, Nigeria's capital city.
Business

EFCC Arraigns Otobor Onajefe Over ₦37.4 Million Fraud Allegations

By Ogungbayi Feyisola Faesol
2 Min Read
News

Migrant Boat Tragedy off Libya Leaves 53 Dead, UN Agency Says

By Adamu Abubakar Isa
3 Min Read
Okay NewsOkay News
2026 © Okay International Limited - All rights reserved
  • About Us
  • Advertising
  • Contact
  • Careers
  • Team
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Continue with Facebook