Reports have indicated that depositors of millions of old N500 and N1,000 notes are under the scrutiny of anti-corruption agencies at the Ilorin branch of the Central Bank of Nigeria (CBN)
According to Daily Post, Operatives of the Economic and Financial Crimes Commission, EFCC and Independent Corrupt Practices Commission, ICPC amongst others are presently on the ground to monitor and educate depositors on the implication involved in depositing millions of naira with questionable sources.
Depositors, suspected to be depositing money on behalf of politicians are being educated on the implication of their actions.
Security sources at the CBN branch told the aforementioned publication that: “Depositors of millions of naira will have to approach their various commercial banks after one month when the investigation into their sources of money would have been concluded.
“The action followed suspicion that some politicians are using people as fronts to lodge money in millions on their behalf as a result of the ongoing new naira swap.”
Officials of the CBN had worked on Saturday and Sunday to meet the demands of depositors.
Reports have also revealed that some external officers involved in the exercise, allegedly collect bribes of at least N10,000 from depositors of millions of naira to ensure easy processing for their lodgments.
A source told the publication that depositors have to go through three or four stages before counting and final judgment,
He said: “Some depositors stand to forfeit their lodgments if, eventually, they could not give a proper account of their sources of income after an investigation by the anti-graft agencies.”
Naija News
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