Roseline Uche Egbuha, a primary school teacher with Ozaha primary school, Abagana, Anambra State has been arrested by the Independent Corrupt Practices Commission (ICPC), following investigations revealing her involvement in money laundering.
Roseline had earlier been arrested in 2019 by ICPC but later granted bail.
She was however re-arrested alongside some staff of a branch of a new generation bank. The persons arrested include a compliance officer, an operation manager, a member of the legal department of the bank and a lawyer of the bank.
They were all alleged to have connived with Roseline to commit the crime.
Upon investigation, ICPC had traced about N550million to Roseline’s account with the new generation bank.
On interrogation, she had revealed that the money belonged to her 24 year old son, whose whereabout is presently unknown.
ICPC had placed a “Post No Debit” (PND) on the account, while also instituting a case of forfeiture of suspected amounts in a court of law.
Further reports reveal that, ICPC found out that money was transferred in tranches from the account on the 4th of June, 2020, the same day the court order was obtained.
ICPC stated further that, the money had been split and moved into multiple accounts.
It was stated that N340million in two installments (N200million and N140million) respectively were alleged to have been moved into the account of Bureau de Change, N100million was transferred into the account of one individual, while N18million was transferred into the account of Roseline’s personal lawyer.
The lawyer however, said that the amounts were moved based on an “out-of-court” settlement with the new generation bank, which empowered his client to have access to her money.