Keeping erroneous bank credit attracts 5-10 years’ jail

Keeping erroneous bank credit attracts 5-10 years’ jail

The Central Bank of Nigeria has warned that keeping erroneous bank credit is a financial crime that attracts a jail term of five to 10 years. Read More: https://punchng.com/keeping-erroneous-bank-credit-attracts-5-10-years-jail-cbn/

Refusing To Return Wrongly Credited Money Attracts 5-10 Years In Prison – Olayemi Cardoso

The Central Bank of Nigeria (CBN) has warned bank customers that refusing to return money wrongly paid into their accounts is a criminal offence punishable by five to 10 years in prison.According to a report published on Punch's official website on Friday, October 23, 2026,...

CBN: Keeping wrongly transferred funds attracts 5-10 years' jail term

The Central Bank of Nigeria (CBN) has warned Nigerians that fraudulently accessing another person’s bank account and failing to return money wrongly transferred into their accounts could attract severe penalties, including imprisonment. The CBN Governor, Olayemi Cardoso, gave the warning on Thursday October 22 at the ‘CBN Listens’ annual programme.Cardoso,

Wrong Bank Transfers: CBN Warns of 5 to 10 Years in Jail

Nigerians who fail to refund money wrongly credited to their bank accounts could face up to 10 years in prison, CBN warned on Thursday.