Anti-corruption and elections / EFCC

Witness Reveals How POS Operator Duped Bank N1.2bn

A prosecution witness, Chuks Igboerika, a manager with Access Bank Plc, on Monday, July 23, 2018, told Justice M.S. Hassan of the Federal High Court sitting in Ikoyi, Lagos how a suspected fraudster, Ifeanyi Nwaneri, had carried out fraudulent transactions to the tune of N1, 231,105,297.00(One Billion, Two Hundred and Thirty-one Million, One Hundred and Five Thousand, Two Hundred and Ninety- seven Naira, Eighty Kobo) using a Point of Sale, POS. Nwaneri is facing trial alongside Omede Silas Shehu and Monday Akor on an 11- count charge bordering on money laundering to the tune of N1, 231,105,297…