The Economic and Financial Crimes Commission has arrested one Kingsley Mudi over alleged ATM fraud. He was picked up at about 11 pm on August 2, 2013 at Fidelity Bank ATM on Airport Road, Warri, Delta State following intelligence report. According to a statement by the EFCC, at the point […]
Tag: ATM
Reps to probe banks for fake note-dispensing ATMs
The House of Representatives has resolved to look into reported cases of fake naira notes being dispensed by Automated Teller Machines (ATMs). The lawmakers noted that the negative trend has the potential of affecting the cash-less economy policy and the economic growth of the country at large. Consequently, House Committee on […]
House Probes Banks’ Faulty ATMs
The House of Representatives has ordered investigations into allegations of wrongful withholding of customers’ monies through malfunctioning Automated Teller Machines (ATM) in the country. The investigation followed a petition presented by the Chairman, House Committee on Justice, Hon. Ali Ahmad (PDP, Kwara) on the issue. Ahmad said that a situation […]

