Nigerian men arrested for defrauding Ethiopian Central Bank

Addis Ababa – Ethiopia's central bank, the National Bank of Ethiopia (NBE), said on Tuesday three Nigerians were being detained after forging the governor's signature to try to steal about R150-million from its international account.

The bank said it had been informed by Citibank earlier in October of a R150-million drop in its account.

"NBE brought to the attention of Citibank it had not endorsed any payment and that larceny had happened," it said.

Citibank returned the money and a probe ensued. "Three Nigerian nationals were detained as they allegedly went to a bank in South Korea to withdraw the money, under a forged signature of the governor of NBE," the bank said. – Reuters