Intercepted $$2.8 million: Union Bank defends transaction



Union Bank has claimed ownership of the $2.8 million intercepted by the EFCC at the Enugu Airport on Friday.

In a series of tweets, it said the transaction was legitimate.

The bank said, “Movement of cash across states is routine for all banks. Bankers Warehouse is licensed by CBN to provide Cash-in-Transit services,” the bank said.

“We are surprised by the release of a news bulletin prior to the completion of @officialefcc investigation. This is a legitimate and routine operation consistent with banking.”

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