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Banking fraud: Activist backs EFCC Chairman on Banker’s Asset Declaration Policy
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…Says, Bank workers promote fraud in the sector
A human rights activist, Comrade Adeniyi Alimi Sulaiman, has thrown his weight behind the decision of the new Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Abdulrasheed Bawa, that the Bank officials in the country should declare their assets, saying it is right decision at the right time.
Specifically, he disclosed that the new Chairman of the EFCC had
started on a good note following the new policy, stressing that the
bank officials were aidding and abetting the fraudulent activities
ravaging the banking sector in the country which made their teeming customers to lose their hard earned resources to fraudsters.
Comrade Sulaiman who is Executive Chairman, Centre for Human Rights and Social Justice (CHRSJ), stated that Bawa had planned to uproot the major financial fraud in the banking industry and that was why their Unions were crying wolf when there was none.
It would be recalled recently that, the new Anti-graft Chairman, Mr.
Abdulrasheed Bawa, had penultimate Tuesday, announced that the
Commission would from June 1st, 2021, be demanding the Asset
Declaration forms of the Bankers.
Backing the EFCC Chairman, the pro-democracy activist, maintained that the bank officials from Tellers, Marketers and other senior officials were perpetrating fraud in the industry.
According to him, Mr. Abdulrasheed Bawa, the new EFCC Chairman, had touched the wounds of the Bankers for requesting for their Assets Declaration form June, 2021 and they were not comfortable with the new policy because some of their hands have soiled with fraud in the sector.
Recalling that the Centre (CHRSJ) had earlier drag the three nation’s commercial banks before the apex Bank, the Central Bank of Nigeria (CBN) and anti- graft body, the Economy and Financial Crimes Commission (EFCC) over perceived banking fraud against their customers.
The affected commercial banks were Guaranty Trust Bank(GTB), First City Monument Bank (FCMB) and United Bank for African (UBA),alleging that the banks’ officials were aiding and abetting the recent banking fraud in the banks where money of their customers were transferred illegally to another account and also allowing the fraudsters to open an account with their Banks without necessary requisite, adding that they were colliding with the approved O’PAY agents through which the customers’ money were fraudulently removed.
The rights group insisted to strive to ensure the end of this banking
monster in the land by establishing a Banking-Customers Relation Unit(BCRU),disclosing that the rights group would use the Unit to stop the
ongoing banking fraud of Nigeria masses of their meager resources in the various banks.
The group cited the defrauding of one Nigerian, Miss Alimi Ganiyat
Temitope of 41 Seriki Street, Lagos, who is a customer of Guaranty Trust Bank( GTB ) Plc with Savings Account Number:-(0430971306) and little girl was defrauding of her sum of Two Hundred and Fifty Thousand Naira (N250,000k) between July 17th,2020 to August 5th,2020 through POS/WEB PURCHASE TRANSACTION-Opay*Flutterwave Ikeja NG.
According to the group, it was surprising that the Guaranty Trust Bank Plc (GTB) refused to help the helpless little girl to recover her
money back when she reported to the bank of what happened to her money in their bank account which made the customer to suspect that their officials had the knowledge of the fraudulent transfer of her money to another account, thinking that she would not have audacity to ask for her money back.
Giving another experience of a customer with Oko-Oba branch of
FCMB, Mr. Ibikunle Adebayo (+234 8103966336) of Account Number:-(6027724010), where sum of One Hundred and Sixty-Nine Thousand naira (N169,000) were deducted from Ibikunle’s Account without his knowledge but with knowledge of the FCMB Bank official.
They respectively used Osifoh Peter with UBA Account
Number:-(2052933837) and OPAY Account of Rufai Saidu with Account Number:-(9031811238), to withdraw the sum of One Hundred and Sixty-Nine Thousand naira from Ibikunle’s Account on Wednesday 11th of November,2020.
And another FCMB Customer of No.9, Abaku Ijoja Junction, Aiyetoro, Osogbo, Osun State, Mrs. Adeyemi Abiodun Waliyat with Account Number:-(5525660011) of Classic Saving Two(2), Osogbo Branch, were fraudulently withdrawn the Sum of #111,800k from her account by one Shola, which used #100,300k to play Bet Naija on three different times and also used #10,500k to buy airtime on another three different Phone Numbers as follows:-(+234 9131329923, +234 8149800768 & +234 7026258494).
It further added that the sum of Five Hundred Thousand naira (N500, 000) were illegally moved out of an account belonging to Mr. Smart-Alli Amusa with GTB Account number: – (0121132515) and Access Bank Account
number:-(0031171790), belonging to Alani Bolarinwa Olaniyan was also experienced illegal deduction of funds.![]()
He reiterated that many bank customers have been the victims of such bank fraud in Nigeria, reiterating that the human rights organization would not hesitate to launch “#EndBanking fraud” nationwide protest.
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Update : NRC Releases Preliminary Report on Warri-Itakpe Train Crash, Says Wheel Defect May Have Triggered Derailment
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……NRC Suspects Wheel Defect, Rules Out Track Vandalism
The Nigerian Railway Corporation (NRC) has released its preliminary report on the June 8, 2026 derailment involving the Warri–Itakpe Train Service (WITS), revealing that a possible sudden bogie or wheel defect may have triggered the accident.
The incident occurred at about 4:17pm near the Outer Home signal of the Goodluck Jonathan Railway Station at kilometre 177, Owa-Oyibu, Agbor, Delta State.
According to the NRC, the train had departed Itakpe at 12 noon with 482 people on board, comprising 442 passengers and 40 operational personnel, when the derailment occurred.
Five coaches, one locomotive and a power car were affected, with three coaches and the power car overturning.
The Corporation said emergency response operations were immediately activated with support from the Delta State Government, the Nigeria Police Force, Federal Road Safety Corps (FRSC), National Emergency Management Agency (NEMA), local authorities and medical teams.
All passengers were evacuated within two hours of the incident.
However, the accident resulted in four confirmed deaths — three adults and one child — while 64 people sustained various injuries.
The NRC said 28 injured passengers were treated and discharged at the Railway Hospital, Owa-Oyibu, while another 36 were transferred to hospitals in Owa-Oyibu, Owa-Alero and Agbor.
Most of those admitted were discharged within 72 hours, while three people, including an NRC employee who required surgery, remained under specialist medical care. Two of the affected persons subsequently underwent surgical procedures.
The Corporation also clarified that its initial report of five fatalities was later revised to four following verification with the Delta State medical team responsible for the deceased.
Possible wheel defect identified
The NRC said its internal investigation involved site inspections, evidence gathering, examination of operational records and communication data, technical assessments of the locomotive and rolling stock, as well as interviews with train crew, operations and maintenance personnel, witnesses and emergency responders.
The investigation also examined the track infrastructure, turnout arrangements, communication systems and the effectiveness of the emergency response and evacuation operations.
Based on the preliminary findings, the NRC said investigators identified the possible sudden development of a bogie/wheel defect while the train was in motion as a potential primary factor in the derailment.
According to the Corporation, such a defect could have resulted in abnormal wheel-rail interaction, excessive impact loading and loss of running stability.
The investigators also identified the possible manner in which the train’s brakes were applied as a factor that may have contributed to the severity of the accident.
However, the NRC stressed that both issues remain working hypotheses and that the definitive cause of the derailment would only be established after further technical analysis.
No evidence of track vandalism
The Corporation said its inquiry team found that the railway points at the accident location were intact and that there was no evidence of track vandalism.
This finding distinguishes the June 8 incident from two previous accidents involving the same Warri–Itakpe service on November 1 and November 8, 2025, which the NRC said were attributed to track vandalism.
The independent Nigerian Safety Investigation Bureau (NSIB) has also commenced its statutory investigation into the accident.
The NRC said it was cooperating fully with the NSIB and would be guided by the findings and recommendations contained in its final report.
NRC announces safety measures
Following the preliminary findings, the Corporation recommended comprehensive safety inspections and audits of rolling stock, railway tracks and infrastructure before equipment is returned to service.
It also called for stronger maintenance and condition-monitoring programmes, timely replacement of defective components and improved availability of critical spare parts.
The NRC further recommended a review of operational safety procedures, improved emergency preparedness and rescue capabilities, enhanced staff training and competency assessments, as well as sustainable funding for railway modernisation.
The Corporation also proposed improvements to its insurance and compensation framework to ensure adequate protection for passengers and staff in cases involving medical treatment, disability and fatalities.
WITS service yet to resume
The NRC said the affected track has been fully recovered and restored, while the locomotives involved have also been recovered and are currently undergoing reconditioning.
However, the Corporation said the Warri–Itakpe service would not resume until a detailed safety audit of the track and equipment has been completed.
The NRC expressed condolences to the families of those who lost their lives in the incident and apologised for the delay in releasing the preliminary report, explaining that additional time was required to properly verify the casualties and notify the affected families.
The Corporation said it remained committed to implementing recommendations arising from both its internal accident inquiry and the independent NSIB investigation, with the aim of strengthening railway safety and restoring public confidence in train transportation.
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JUST IN: Nollywood Mourns as Taiwo Hassan ‘Ogogo’ Dies at 66
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Veteran Yoruba actor Taiwo Hassan, popularly known as Ogogo, has died at 66.
His daughter, Kira Taiwo, confirmed his passing during an Instagram Live session on Sunday.
The news comes days after Kira and her sister, Lima Taiwo, made public appeals on Monday, August 17, 2026, for medical advice for their father, who was battling stage-four cancer.
Kira said doctors had stopped chemotherapy because of his condition, and the family was seeking alternative treatments, including specialised procedures and traditional remedies.
She clarified that the family was not asking for financial donations, but for information on possible treatment options.
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Nigeria’s ‘Fake’ Agency Exposed: Meet Director, 20 State Coordinators, China, US Representatives
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The alleged fake National Brands Development and Made in Nigeria Special Project Office had a structure spanning several states and two foreign countries, with an acclaimed national coordinator, zonal directors, state coordinators and representatives in China and the United States,
A check by our correspondent on Saturday found that the office’s website listed Hon. Nwabueze George as its “Executive Director, National Coordinator,” alongside a director of national administration, three zonal directors, 20 state coordinators and representatives for the United States and China.
Recall that the Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Musa Aliyu, disclosed on Friday that President Bola Tinubu had ordered the immediate arrest of George Nwabueze, identified by the commission as “the promoter” of the alleged fake office.
Tinubu also ordered the immediate suspension of three permanent secretaries — M.S. Danjuma, Nadungu Gagare and Richard P. Pheelangwah — following the discovery of the office, which the ICPC said it had been allocated space within the premises of the Office of the Secretary to the Government of the Federation without presidential authorisation.
The ICPC said the promoter was also found to have operated under several variations of his name, including George Nathan Nwabueze, George Nwabueze, George Buchi Nwabueze, Prince George Buchi Nwabueze and George Nwabueze.
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Nwabueze and Zonal directors
The website listed Nwabueze as the “Executive Director, National Coordinator.”
It also listed Dr Bassey B. Unaowo as “Special Assistant to the Permanent Secretary on Political and Economic Affairs, OSGF”; Dr Hajara Njidda Amoni as Director, National Administration; Mr Oladunjoye Musiliua as Zonal Director, South-West; Hafsat Sahabi Dange as Zonal Director, North; and Mrs Ugochi Akudo Nwosu as Zonal Director, South-East.
Made in Nigeria Zonal Directors
Made in Nigeria Zonal Directors. Credit: website
The website also claimed that the project operated under the OSGF. Its framework page described the project as being overseen by the Permanent Secretary, Political and Economic Affairs, in the OSGF.
However, this claimed government connection is significant in light of the ICPC’s finding that the office was operating without presidential authorisation.
20 state coordinators
The website listed the following as state coordinators:
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Katsina: Dr Babangida Kabir Ruma
Kaduna: Hon. Abdulhaleem Ishaq Ringim
Delta: Hon. Dr Godwin Adolor
Kebbi: Hussaini Abdullahi, Esq., FSI
Osun: Hon. Olugbemi Adetola Adelowokan
Anambra: Hon. Chiamaka Nnake
Nasarawa: Hon. Osolafia Muhammed, PhD
Plateau: Mrs Salome Audu Bidda
Benue: Hon. Orduen Andrew Ikon
Ondo: Amb. Orioye G. Benedict
Ogun: Hon. Engr. Kehinde Akintonide, FNSE
Sokoto: Hon. Ibrahim Umar Aliyu
Abia: Hon. Mrs Nwosu Chinyere R.
Zamfara: Hon. Ibrahim Bello Marafa
Niger: Haj. Zainab Mohammed
Kano: Hon. Abubakar Ahmad Bichi (Khalifa)
Taraba: Hon. Justin Aondoaseer Tyopuusu
Oyo: Alhaji Bello Kolawole Ghaffar, FCA
Bauchi: Hon. Farouq Siyi
Kogi: Hon. Olorukooba Bidemi
Made in Nigeria state coordinators. Credit: website
Newsthumb check also found indications that some of those listed had previously held public positions or had links to established political, governmental or community structures in their respective states.
Another fake agency! FG suspends three perm secs, orders arrest
Made in Nigeria state coordinators. Credit: website
Made in Nigeria state coordinators. Credit: website
In Taraba, Tyopuusu has been identified in recent reports as a Special Assistant to Governor Agbu Kefas on Digital Economy, while serving as the state coordinator of the Made in Nigeria Special Project.
Made in Nigeria state coordinators. Credit: website
Their inclusion on the website does not, by itself, establish that they were aware that the organisation had allegedly lacked government authorisation.
Efforts made so far to reach the management of the acclaimed agency is abortive as of the time of filing the report as all three phone numbers on its website are switched off. Message sent to the acclaimed national cordinator by our correspondent has not been replied.
Reps in US, China
The website also listed Hon. Emmanuel Enemali Achema as “Country Rep./Coordinator, U.S.A.” and Hon. Ameh Enedugbojo Glory as “Country Rep./Coordinator, China.”
Made in Nigeria country reps. Credit: website
The claimed international structure was presented alongside the state and zonal network as part of the organisation’s purported nationwide and international operations.
The office’s website described its activities as including trade exhibitions, economic forums, promotion of Nigerian products and support for small and medium-sized enterprises, claim ICPC disputed.
The development is the latest in an investigation into purported fictitious government bodies.
The ICPC had previously identified the Presidential Foreign Intervention Promotion Council and two other alleged fictitious bodies, the FCT Investment Promotion Agency and the Foreign Investment Promotion Agency and Public-Private Partnership.
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