By It has been war of words between the Management of Union Bank and the Economic and Financial Crimes Commission (EFCC) after the anti-graft agency intercepted two men at the Enugu Airport in possession $2.8 million under the aegis of Union Bank.
The management of Union Bank has explained that the men who were arrested at the Enugu Airport by operatives of the Economic and Financial Crimes Commission (EFCC) were on a legitimate assignment.
In tweets posted on its official Twitter page, Union Bank explained that the operation was licensed by the Central Bank of Nigeria (CBN).
“Movement of cash across states is routine for all bank. Bankers Warehouse is licensed by CBN to provide Cash-in-Transit services,” the bank said.
“We are surprised by the release of a news bulletin prior to the completion of @officialefcc investigation. This is a legitimate and routine operation consistent with banking.”
However, EFCC has detained the two suspects since the interception at the airport yesterday, Friday 21 December 2018 and allege the circumstances surrounding their arrest as fraudulent.
