Reports at Secret Reporters news desk has exposed the many corruption and scams currently being perpetrated by staffers of the bank.
Our findings revealed that, a customer of ECOBANK, Ugorji J. Mbazulike, had applied for dollars to enable him pay for goods shipped to him in Nigeria, following CBN regulation and guidelines on the official purchase of dollars, which the CBN sold forex to Ugorji Mbazulike.
In defiance of the CBN regulations to apply the money to Ugorji’s business, ECOBANK staffers Anthony Okpanachi, Abel Ayala, Shehu Kafiya, Ade Tokumbo Uko conspired to sale the forex in the black market, and denied that Central Bank sold any forex to the customer.
Our findings show that, Ugorji J. Mbazulike, operates his business as GOJAC, and the bank officials has in the last six months ripped off Ugorji and the Federal Government to the tune of $500,000.
Investigation shows that, ECOBANK takes money from Ugorji’s naira account for the purpose of buying forex for him, buy dollars from Central Bank at the official rate, on behalf of Ugorji and turn around to sell the dollars to their friends in the black market and make a fortune from it.
The thieving staffers of ECOBANK sources informed Secret Reporters has been in the business of black market dollar sales for a long time now.
Sources say, ECOBANK has continued to violate the Central Bank guidelines, and their managers have demanded bribe at an amount equivalent to the amount they make from this theft, else they will run him out of business.