• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home News Crime

Over 100 employees allegedly sacked as FirstBank battles ₦40bn fraud scandal

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
August 5, 2024
in Crime
0 0
0
First Bank fraud scandal Barbican Capital FBN Holdings lawsuit
perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

[dropcap]F[/dropcap]irst Bank of Nigeria has been accused of sacking over 100 employees in connection with a ₦40bn fraud scandal.

According to X user WizardEyes, the bank also froze the personal accounts of the affected employees in an incident which allegedly happened around April this year.

Also read: Police say FirstBank staff stole customers’ N650m

The user further claimed that several of these employees were detained for at least six hours by the Nigeria Police Force at the Lion’s Building for questioning.

First Bank fraud scandal

These claims have garnered significant attention, prompting further scrutiny of the bank’s operations.

On further investigation, it was alleged that one particular Tijani Muiz Adeyinka, a manger on the operations team diverted over ₦40bln in two years.

Adding to the controversy, another user, Dr. Mike Adeshina, recounted a troubling personal experience with First Bank.

The user discovered an unauthorised transaction of over ₦250,000 from their account, which did not trigger any SMS alerts.

Upon contacting his account officer, Adeshina was informed that the transaction was a mistake by the bank and that the debited amount would be returned.

The reversal only reflected in the app, with no accompanying SMS notification, raising further concerns about the bank’s transparency and security practices.

This user expressed suspicion about First Bank, noting that despite receiving SMS alerts for other transactions, this particular unauthorised transaction went unnoticed until manually checked.

First Bank fraud scandal

The bank has yet to issue an official statement regarding these allegations, while calls to the bank’s media representatives to confirm these allegations were not returned as at the time of filling this report.

otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator and a recipient of the D9112 Superstar Icon Award, who writes ruthlessly about pop culture, religion, politics and entertainment.

Related Posts

Duncan Mighty
Crime

Duncan Mighty allegedly kidnapped in Imo

by Freelanews
December 14, 2019
April 7 2025 nationwide protest in Nigeria
Crime

Ex-Convict granted state pardon arrested again for stealing plasma TV

by Quadri Olaitan
January 22, 2025
Indian kidnapper case
Crime

CEO arraigned for ₦144m Hajj fraud in Gombe court

by Quadri Olaitan
February 4, 2025
quotes
Crime

‘Order from above’ Trader calls out GTBank for shielding fraudulent staff

by Freelanews
April 3, 2022
police confirm escape of akinyele serial killer sunday shodipe from custody in oyo 1 1200x720 1
Crime

‘Makes no sense’ NANS calls for immediate arrest of Oyo Police Commissioner

by Freelanews
August 18, 2020

Leave a ReplyCancel reply

Tiktok Community

You're not logged into Tiktok, please login here
UBA bank ad UBA bank ad UBA bank ad

Recent News

NURTW

Tragic Death: NURTW leader Toba Ajiboye killed in Lagos

July 14, 2026
Customs

Customs inducts 70 PR officers in major reform boost

July 14, 2026
Yoruba

Yoruba leaders praise Tinubu over Oyo pupils, teachers rescue

July 14, 2026
Akpabio

Akpabio defends National Assembly, urges Nigerians to study the law

July 14, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
NURTW

Tragic Death: NURTW leader Toba Ajiboye killed in Lagos

July 14, 2026
Customs

Customs inducts 70 PR officers in major reform boost

July 14, 2026
Yoruba

Yoruba leaders praise Tinubu over Oyo pupils, teachers rescue

July 14, 2026
Akpabio

Akpabio defends National Assembly, urges Nigerians to study the law

July 14, 2026
ADVERTISEMENT
July 2026
SMTWTFS
 1234
567891011
12131415161718
19202122232425
262728293031 
« Jun    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • Police

    Police rescue Oyo headmaster after ₦30m ransom demand

    0 shares
    Share 0 Tweet 0
  • Tragic Death: NURTW leader Toba Ajiboye killed in Lagos

    0 shares
    Share 0 Tweet 0
  • Presidency rebukes Makinde over UN probe call

    0 shares
    Share 0 Tweet 0
  • Pavel Prigozhin linked to expanding Africa crime network

    0 shares
    Share 0 Tweet 0

Just Published!

NURTW

Tragic Death: NURTW leader Toba Ajiboye killed in Lagos

July 14, 2026
Customs

Customs inducts 70 PR officers in major reform boost

July 14, 2026
Yoruba

Yoruba leaders praise Tinubu over Oyo pupils, teachers rescue

July 14, 2026
Akpabio

Akpabio defends National Assembly, urges Nigerians to study the law

July 14, 2026
Sanwo-Olu

Sanwo-Olu targets 20,000 trees in Lagos green drive

July 14, 2026
No Result
View All Result
  • About Us
  • Contact
  • Cookie Policy
  • Editorial Charter
  • Corrections Policy
  • Advertisement

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Loading Comments...