$2.8m: Bank confirms ownership, EFCC slammed for seizing money, arresting couriers

The confirmation of the ownership of the money by the bank was contained in a letter to the Central Bank of Nigeria by the Bankers Warehouse Limited

Union Bank Plc has claimed ownership of the $2.8 million seized from two staff of Bankers Warehouse Limited, Ighoh Augustine and Ezekwe Emmanuel, at the Akanu Ibiam International Airport, Enugu on Thursday.
The confirmation of the ownership of the money by the bank was contained in a letter to the Central Bank of Nigeria by the Bankers Warehouse Limited.
The company said it was moving the money on behalf of Union Bank Plc and there was nothing illegal in it.
It described the movement of the funds as “routine”.
It therefore sought the intervention of the CBN for the fund to be released.
The letter stated: “We want to convey to you that once again, we are facing a challenge with one of the security agencies (this time the EFCC) which detained our couriers while trying to board an Arik Air flight from Enugu to Lagos, conveying currency on behalf of Union Bank. They were transporting US dollars.
“When questioned, they presented their identity cards, identifying themselves as Bankers Warehouse employees on official CIT movement and also presented the letter of authority issued by the bank covering the movement.
“Despite this information, the EFCC insisted on detaining our employees, taking possession of our goods and threatening to confiscate the currency without making themselves available to our senior managers or other agencies familiar with our movement.”

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