{"id":4064,"date":"2026-10-30T10:01:51","date_gmt":"2026-10-30T10:01:51","guid":{"rendered":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/30\/cyber-fraud-efcc-returns-recovered-n114m-to-microfinance-bank\/"},"modified":"2026-10-30T10:01:51","modified_gmt":"2026-10-30T10:01:51","slug":"cyber-fraud-efcc-returns-recovered-n114m-to-microfinance-bank","status":"publish","type":"post","link":"https:\/\/globalnigerianews.com\/index.php\/2026\/10\/30\/cyber-fraud-efcc-returns-recovered-n114m-to-microfinance-bank\/","title":{"rendered":"Cyber fraud: EFCC returns recovered N114m to microfinance bank"},"content":{"rendered":"<div readability=\"48.737233054782\">\n<p>The Economic and Financial Crimes Commission has returned N114 million recovered from a cyber fraud case to a microfinance bank.<\/p>\n<p>According to a post obtained from EFCC\u2019s X handle on Friday, on Thursday, the Acting Zonal Director of the EFCC\u2019s Benin Zonal Directorate, Deputy Commander Sa\u2019ad Hanafi Sa\u2019ad, presented a bank draft of N114 million to Samuel Ikechukwu, a senior official of the bank.<\/p>\n<p>The funds were recovered on behalf of the institution following a petition filed by Ikechukwu in August 2024.<\/p>\n<div class=\"read-also\">\n<header>Related News<\/header>\n<\/p><\/div>\n<p>He reported that one of the bank\u2019s customer accounts had been fraudulently hacked, with money withdrawn without authorisation.<\/p>\n<p>\u201cInvestigators traced the stolen funds to several suspects, including Obumneme Bright, who was arrested. Upon his arrest, the commission recovered N114 million from him.<\/p>\n<p>\u201cEfforts to track down the remaining suspects are ongoing,\u201d EFFC said.<\/p>\n<\/p><\/div>\n<div readability=\"13.525423728814\">\n                                                                <b><a href=\"https:\/\/punchng.com\/author\/gekugbe\">Gilbert Ekugbe<\/a><\/b><\/p>\n<p>Gilbert Ekugbe is a journalist at Punch Newspapers with over a decade of experience reporting on business and economic affairs. He covers markets, corporate developments, finance, and Nigeria\u2019s broader economic landscape. His reporting is informed by extensive newsroom experience and a strong commitment to accuracy and responsible journalism, helping readers understand complex business issues.<\/p>\n<\/div>\n<div readability=\"14.852589641434\">\n<p> All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.<\/p>\n<p class=\"contact\">Contact: <a href=\"\/cdn-cgi\/l\/email-protection#196d717c7c7d706d766b59696c777a71777e377a7674\"> <span class=\"__cf_email__\" data-cfemail=\"b3c7dbd6d6d7dac7dcc1f3c3c6ddd0dbddd49dd0dcde\">[email\u00a0protected]<\/span> <\/a> <\/p>\n<\/p><\/div>\n<p>Source: <\/p>\n<div class=\"nSourse\">Punch Newspapers &#8211; Latest News<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Economic and Financial Crimes Commission has returned N114 million recovered from a cyber fraud case to a microfinance bank. According to a post obtained from EFCC\u2019s X handle on&hellip; <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10],"tags":[],"class_list":["post-4064","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/4064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/comments?post=4064"}],"version-history":[{"count":0,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/posts\/4064\/revisions"}],"wp:attachment":[{"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/media?parent=4064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/categories?post=4064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globalnigerianews.com\/index.php\/wp-json\/wp\/v2\/tags?post=4064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}