Sterling Bank Staff Allegedly Fled With Customers N300m In Delta


The Police Command in Delta State, on Monday, disclosed it is investigating a staff of Sterling Bank, Effurun branch, identified as Mrs Favour Fame-Eruagbere, who allegedly defrauded customers the sum of N300million.

The female banker was said to have approached some account holders to grant her permission to be using their money for business, while she would be giving the customers a certain percentage every month.

It was however discovered last week that Mrs Fame-Eruagbere had stopped coming to the office and all efforts to reach her proved abortive, as her lines were switched off.

One of Fame-Eruagbere’s colleagues, who spoke with SaharaReporters, explained that the female banker did business with customers’ money with their consent.

“The whole thing backfired when many people she gave money to, refused to pay back. I think the lady didn’t run away with the money, but she is only being owed by those she gave the money to.

“She is nowhere to be found, nobody knows her whereabouts, whether she has travelled out, dead or still alive.
“In fact, the office is in crisis, as many people might be sanctioned because of the issue especially the operators who carried out the transactions for her,” the source said.

SaharaReporters learnt that the police operatives at the ‘A’ division in Warri were the ones investigating the matter, and the husband of the banker had been invited for questioning.

Police Public Relations Officer, Delta State Command, DSP, Bright Edafe, confirmed the incident.

The Police spokesman said the suspect had not been declared wanted, because there was a process for declaring someone wanted.

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“Investigation is ongoing,” he said.


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