Categories: News

#EndSARS: We Moved ₦2bn From Banks, Says Army

Ahmed Taiwo, commander of the 81 military intelligence brigade, Victoria Island, Lagos, says the army saw the impending financial loss to be inflicted on banks during the violence that trailed the #EndSARS protests and quickly moved to forestall it.

Taiwo, a brigadier general, said about N2 billion was evacuated from banks when hoodlums began to attack financial institutions.

Taiwan disclosed this when he appeared before the Lagos judicial panel of inquiry on Saturday.

Speaking on the crisis that followed the Lekki tollgate incident, he said financial institutions were the most targeted places during the attacks on government and private properties.

According to the army general, the evacuation was done because most automated teller machines (ATM) and vaults in some banks were damaged.

He did not, however, provide the names of the banks that the money was evacuated from.

“We were able to help banks evacuate about N2 billion after two days, because many vaults had been damaged,” he said.

“The hoodlums were working as a team and systematically.

“In some instances, they even tore the whole ATM away to another location. If you can imagine how heavy an ATM is, then you can imagine the amount of effort it took them to do that.

Afolabi Hakim

A budding writer, content creator and journalist. Good governance advocate and social commentator.

Share
Published by
Afolabi Hakim

Recent Posts

Overcrowding: Catholic Bishop Confirms Deaths During Christ The King Procession

Catholic Bishop Aba Diocese, Prof. Augustine Echema, has confirmed the tragic death of some faithful…

44 minutes ago

Alleged Misconduct: Reps Move To Oust CCT Chair, Umar

The House of Representatives, like the senate, has invoked the provision of paragraph 17 (3),…

2 hours ago

Two Robbery Suspects Killed In Delta -Police

Delta State Police Command has confirmed the death of two robbery suspects in the state.…

3 hours ago