By Bridget Amata & Kafaya Tijani
Four bank officials have been arrested by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) for allegedly flouting the directive of a court order in a case under investigation by the ICPC.
In the course of investigating a petition alleging fraud of over a billion Naira, ICPC had secured and served court orders freezing the bank account of the chairman and other principal staff of a local government in the South-South.
However, one of the suspects (names withheld) withdrew N11.8 million from his personal account inspite of the court order thereby impeding investigations.
ICPC bared its fangs and arrested four of the bank's officials to determine their culpability or negligence. Meanwhile, ICPC had directed the bank to immediately deposit the equivalent of N11.8 million withdrawn from the suspect's account into the Commission's Asset and Recovery Account until investigations are completed.
