EFCC Arrests Banker Over Alleged N35m Fraud In Kano

Operatives of the Kano State Zonal Office of the Economic and Financial Crimes Commission, EFCC, have arrested a banker, Ayuba Yakubu, over alleged cheating and criminal diversion of N35 million depositors’ money.

The suspect, Ayuba Yakubu was an account officer to the complainants who entrusted him with millions of naira belonging to customers of Fidelity Bank, Kofar Ruwa branch in Kano.

EFCC spokesman, Tony Orilade confirmed this in a statement made available to newsmen in Abuja.

Orilade said that preliminary investigations indicated that the suspect employed fraudulent means to divert the money to his personal use.

However, the EFCC spokesman said the suspect would be arraigned before a court of competent jurisdiction after completion of investigations.