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HomeCorruptionICPC Arrests Petrol Station Accountant Over New Naira Notes Racketeering

ICPC Arrests Petrol Station Accountant Over New Naira Notes Racketeering

The accountant of Oando Filling Station, Dutse Alhaji, Abuja, Federal Capital Territory (FCT) has been arrested by operatives of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over alleged racketeering of the new Naira notes.

The development was made known on Friday in a statement by the commission’s spokesperson, Mrs Azuka Ogugua.

Ogugua stated that the commission is bent on exposing and arresting criminal elements, trying to take advantage of the Naira scarcity to defraud unsuspecting Nigerians.

Earlier, the ICPC monitoring team received a tip-off that the said filling station deliberately disconnected its Point of Sale (POS) services so that motorists could not have access to the Premium Motor Spirit using their Automated Teller Machine (ATM) cards.

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The team, upon reaching the petrol station, discovered that motorists were forced to pay for the product in cash. Those without the new notes were directed to a POS operator directly opposite the Filling Station to access the money.

ICPC operatives found out that the POS did not only belong to the accountant of the Filling Station but it was charging exorbitant rates as Commission against the directive of the Central Bank of Nigeria (CBN).

The sum of one million Naira (N1,000,000) was discovered with the POS operator, which the Team directed should be paid into a bank account.

The accountant was arrested alongside the POS operator and the Commission has granted both administrative bail.

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