Keeping erroneous bank credit attracts 5-10 years’ jail — CBN
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The Central Bank of Nigeria has issued a warning regarding erroneous bank credits. Keeping such funds is classified as a financial crime. Those found guilty of this offense face a jail term. The penalty ranges from five to 10 years in prison.
The Central Bank of Nigeria has warned that keeping erroneous bank credit is a financial crime that attracts a jail term of five to 10 years. Read More: https://punchng.com/keeping-erroneous-bank-credit-attracts-5-10-years-jail-cbn/