Bank MD docked for alleged N19m, $30,000 fraud

The Managing Director of Viscount Microfinance Bank, Gozi-Anyaokei, has been arraigned by the Economic and Financial Crimes Commission (EFCC) on charges of fraud amounting to N19 million and $30,000. The EFCC alleges that in 2022, Gozi-Anyaokei was entrusted with $30,000 by Ernest Terkula Jor for investment purposes, which he reportedly misappropriated. The case highlights ongoing efforts by the EFCC to tackle financial crimes within the banking sector. Further proceedings will determine the outcome of the charges against the accused.

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