FCC Arrests Two bankers For Defrauding Rivers Govt Of N9m

Two bankers, Rowland Alozie, Segun Osho and their accomplice, Abass Kolawole have been arrested by operatives of the Economic and Financial Crimes Commission (EFCC) for alleged conspiracy and fraudulent conversion of Rivers State Board of Internal Revenue cheque for N9.554 million.

Rowland and Segun, both staff of the Moscow Road, Port Harcourt branch of a new generation bank, colluded to convert an Ecobank Manager’s cheque belonging to one Rockson Engineering issued as tax payment to the Rivers State Board of Internal Revenue.

The third suspect, Abass Kolawole was arrested when he allegedly approached a branch of Ecobank in Lagos to cash the Manager’s cheque through his account. The suspects will be charged to court as soon as investigation is concluded.

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