Union petitions IGP over alleged N30m fraud

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), has asked the Inspector General of Police, Ibrahim Idris to arrest two of its former executive members, over alleged fraud involving N30 million.

In a statement by the Acting General Secretary of NUBIFIE, Comrade Odiaka Jude Nwanji yesterday in Abuja, the union said the reported arrest of NIUBIFIE president was not true.

“The person arrested was in connection to false affidavits deposed to before a honourable court in a conspired effort to get an injunction to stop the IGP, amongst others from prosecuting him and his collaborators, over allegations of fraud, which they have perpetrated in NUBIFIE before and after they were duly suspended from office, and this, involves two suspended national officers amongst others,” the statement said.

Nwanji said the union is an affiliate of the Nigeria Labour Congress (NLC) and not the newly launched United Labour Congress (ULC).

He said the suspended officials were found to have allegedly “diverted N2.94 million gift to the union by Zenith Bank, about N36 million national delegates conference levy funds, which was approved by NAC for the purpose of the conference in 2015; N5 million diverted and stolen through a WEMA account and over N23 million diverted and stolen through a Skye Bank account, operating secret and unapproved accounts.”