Home News CBN, EFCC to go after ATM, POS fraudsters

CBN, EFCC to go after ATM, POS fraudsters

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The Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (CBN) have agreed to go after Point of Sale (POS) and Automated Teller Machine (ATM) fraudsters.

Head of EFCC Kaduna zonal office, Sanusi Abdullahi, during a visit to the CBN branch in the state, lamented that more Nigerians are being duped.

Abdullahi disclosed that petitions on withdrawals they did not authorize had surged.

The official called for strong collaboration between the EFCC and the apex bank to monitor new trends on financial policies as it affects financial institutions.

CBN Branch Manager, Ahmed Wali, reiterated the need for a robust partnership for positive results.

Wali assured that the bank would continue to formulate policies that would ensure public funds are safe.

The manager advised citizens not to disclose their ATM or bank details to anyone.

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