Nigeria, Nov. 6 -- The Economic and Financial Crimes Commission (EFCC) is investigating a former bank operations manager, Obinna Nwaobi, over the alleged diversion of N515 million from an account belonging to a customer, DAHUA Paper Company.

According to a statement from EFCC spokesperson Dele Oyewale on Thursday, the commission received a petition at its Enugu zonal from the bank on 22 June, alleging that the money was withdrawn from the company's Debt Service Reserve Account (DSRA) without authorisation.

The withdrawals, according to the petition, were made in three transactions of N200 million, N150 million and N165 million on 17 July 2024.

The bank alleged that the transactions were processed at its Okpara Avenue branch in Enugu us...