The police in Oyo have arrested three suspects for allegedly defrauding a banker of N16 million.
The suspects, Lawal Wale, 34; Saheed Nojeem, 34; and Sodiq Mubarak, 30; were paraded on Monday at the command headquarters.
Oyo police commissioner, Shina Olukolu, said the police swung into action after receiving reports that some hard currencies were missing from the vault of a new generation bank in Ijebu-Ode, Ogun State.
He said: “The syndicate was smashed by our team of detectives. They defrauded Oyewole Olabisi, a cashier working with a new generation bank in Ijebu-Ode, Ogun State.
“The syndicate hypnotised him and defrauded him of a huge sum both in local and foreign currencies to the tune of N16 million.
“They promised to double the money for him. He obtained US20,000 from Treasure Harmony Bureau de Change in Ibadan through his wife.
“He secretly stole some hard currencies from the vault of the bank where he works. When report was made to us, our men got the three suspects arrested.”