Abule Egba ATM Fraudster Never Our Staff—Stanbic IBTC Bank

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By Dipo Olowookere

The management of Stanbic IBTC Bank Plc has refuted media reports that one of its employees was involved in an ATM fraud in the Abule Egba area of Lagos State.

It was recently reported that one Tope Olajide, believed to be a staff of Stanbic IBTC Bank, was seen in a CCTV footage pretending to assist customers at ATMs whilst also attempting to fraudulently dispossess the customers of their ATMs.

The suspect was subsequently arraigned before an Ikeja Magistrate Court on Monday, September 14 for allegedly stealing the debit cards of two customers and using them to unlawfully withdraw the sum of N427,000.

But Stanbic IBTC Bank, in a statement, stressed that the suspect was never on its payroll, noting that it cherishes its values of integrity and will continue to prioritise the safety of customers effectively.

“The attention of the management of Stanbic IBTC Bank PLC has been drawn to news currently circulating in the media, about the alleged arraignment of staff of the Bank on charges bordering on the theft of customers deposits.

“The bank would like to clarify that the defendant, a 22-year-old Tope Olajide, IS NOT, and was at no point in time an employee of Stanbic IBTC Bank PLC.

“The alleged culprit was apprehended around 7:30 am, on Thursday, 27 August 2020, by security operatives after he was exposed by CCTV footage using ATM cards he had allegedly stolen and converted, to make withdrawals from the accounts tied to the stolen ATMs.

“The CCTV footage also showed the alleged culprit pretending to assist customers at ATMs whilst also attempting to fraudulently dispossess the customers of their ATMs.

“He was subsequently arraigned before an Ikeja Magistrate Court on Monday, 14 September, for stealing the debit cards of two customers and using them to unlawfully withdraw the sum of N427,000.

“The bank would also like to implore members of the public to be security conscious when conducting transactions at ATMs.

“Customers are advised to report any suspicious actions around them to security operatives who are usually stationed around the bank’s ATMs, when carrying out transactions at any of our ATM locations,” the statement said.

Concluding, the lender said, “As an organisation, we hold dear the values of integrity, and we will continue to prioritise the safety of our customers effectively.”

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