The Economic and Financial Crimes Commission (EFCC) has arrested and arraigned a female banker Judith Nneka Nwagwu for alleged N452m fraud.
In Onitsha, Anambra State, she appeared before Justice D. A. Onyefulu of the Anambra State High Court.
Nwagwu is charged with seven counts of forgery and collecting money by deception totaling N452,047,000.
The defendant is accused of obtaining N192,000,000 from a complainant for whom she worked as his account officer.
Judith Nneka Nwagwu
Nwagwu alleged that the bank was selling $400,000 at a rate of N480 per dollar.
Her employers filed a complaint with the EFCC stating that she fabricated two fixed deposit certificates and fraudulently took N260,047,000 from a customer while pretending to fix the money for him.