ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Tuesday, April 7, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Crime Watch

Nigerian Army Colonel Demands Investigation After N270m Payment From CBN

Colonel MS (surname and service number withheld) addressed a memo dated April 14, 2023, to the Commandant of the Army War College (WU Bassey Barracks) in Asokoro, Abuja.

by NewsOnline Nigeria
May 19, 2023
in Crime Watch, Headline
0
Nigerian Army Colonel

Nigerian Army Colonel has demanded an investigation after N270m payment from the CBN.

 

NewsOnline reports that a senior officer of the Nigerian Army recently received more than one-quarter of a billion naira from the Central Bank of Nigeria (CBN).

 

This online newspaper understands that Daily Post exclusively obtained a copy of the two-page letter written to the Army authority and the screenshot of the N270,000,000 credit alert enclosed as evidence.

 

ALSO: NDLEA Operatives Arrest 34 Suspects For Drug Trafficking In Abuja

 

Colonel MS (surname and service number withheld) addressed a memo dated April 14, 2023, to the Commandant of the Army War College (WU Bassey Barracks) in Asokoro, Abuja.

 

Titled “Request For Investigation Into The Payment Of Large Sum of Money Into My Salary Account”, he recalled receiving the money on April 3.

The Colonel’s bank account was credited with N270,000,000 paid through the CBN Alert System (reference number withheld).

The officer explained that he decided to call the attention of his superiors due to the alarming rate of fraud perpetrated in some government institutions.

“Sir, to the best of my knowledge, my emolument is by no way close to the amount paid, and I am not entitled to such payment from the CBN.

“Additionally, going by the current trend of financial fraud and sharp practices by various institutions, this raises alarm and concern for me,” he wrote.

The Colonel urged the Commandant to uncover the motive behind the payment “with a view to formally reverse it to the Federal Government coffers”.

Although it is early to speculate, a thorough probe is expected to reveal why the CBN erroneously transferred such a huge amount to a personal account.

Speaking on Friday on condition of anonymity, an officer at the War College told DAILY POST that the Army institution received the petition.

The serviceperson, who said the Commandant had already swung into action, praised the Colonel for displaying patriotism and putting the armed forces in a good light.

“I can confirm that the Commandant is working on the matter; he has informed higher authorities for further action”, he disclosed.

“The officer has done very well and we commend him for his honesty. This would no doubt go a very long way in helping the system.”

 

Previous Post

May 29: Peter Obi Reacts To US Secretary Blinken Call To Bola Tinubu

Next Post

BREAKING: Enugu Governor-Elect, Peter Mbah Risks Sack Over Fake NYSC Certificate

Next Post
Peter Mbah

BREAKING: Enugu Governor-Elect, Peter Mbah Risks Sack Over Fake NYSC Certificate

Trending Stories

No Content Available

Latest Stories

ADC Youth Wing

ADC Youth Wing Gives INEC 72-Hour Ultimatum to Restore David Mark–Led Leadership, Threatens Nationwide Protest

Peter Obi

Presidency Slams Peter Obi for ‘Unfairly Targeting’ Tinubu Over ADC Crisis

Atiku

Atiku Hires US Lobbying Firm For $1.2m To Boost 2027 Presidential Election Chances

FCT Minister Wike

NUJ Condemns Wike’s Threat Against Channels TV Journalist Seun Okinbaloye

Wema Bank

Wema Bank Launches New Jingle to Promote ALAT: The Evolution Digital Banking Experience

L-R: Alhaji Shehu Sampam D.G SWAC 4 ABAT AGAIN and Mr. Tayo Ayinde, chief of staff to the governor, Lagos State, during a meeting at Lagos House, Alausa

Tayo Ayinde Backs SWAC for Asiwaju 2027, Reaffirms Support for Tinubu’s Second-Term Bid

Trump

BREAKING: Trump Gives Iran 48-Hour Ultimatum, Warns of “Severe Consequences”

President Tinubu Minister

BREAKING: Popular President Tinubu Minister From South East Resigns

The LOGIC Church

The LOGIC Church Announces Second Edition of ‘Jesus + Nothing’ Worship for Good Friday

Access Bank Plc HQ

Lagos Govt Moves to Seal Access Bank Plc HQ Over Alleged Wastewater Violations, Attack on Officials

NewsOnline Nigeria

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria