Categories: Business

Bullion van attacks: Odumosu accuses bank officials of conspiracy

Lagos Police Commissioner, Hakeem Odumosu, has accused officials of commercial banks of conspiring with criminals to attack bullion vans and cause other security lapses at banks.

He specifically warned Cash in Transit (CIT) officials suspected to have exhibited some unprofessional conducts in the attacks of bullion vans in Lagos recently.

The police boss reportedly addressed some bank officials on Tuesday at the police command in Ikeja, where he frowned on the lackadaisical attitudes of banks and financial institutions to securing their facilities and cash in transit.

According to a statement by spokesman Olumuyiwa Adejobi, Odumosu recalled the attack on a bullion van in the Langbasa-Ajah area of Lagos State recently.

“The two policemen allegedly on the escort movement were procured illegally and without the knowledge of the command. This kind of a movement is condemned and unacceptable in totality.

“Moving forward, the police boss stressed that security must be provided for all bank facilities and CIT movements as the command will not tolerate kangaroo security arrangement for cash in transit in the state,” it said.

The statement read in part, “The police boss also directed that Standard Operating Procedure on Species Escort (movement of valuables) must be sustained; noting that there must be minimum of two operational vehicles conveying fully armed policemen escorting a bullion van which must be fully armoured.

“Similarly, in compliance with traffic rules, the Commissioner of Police strongly warned them against driving on One Way and BRT corridors, driving of bullion vans without or with covered number plates, breaking of traffic light and reckless driving on highways.

“He further warned that bullion vans must be roadworthy and standardised by the State Commands Transport Officer.

“CP Hakeem Odumosu then ordered Area Commanders, DPOs and Heads of Departments to henceforth stop and contravene any bullion van on movement without due compliance with the stipulated security arrangements and traffic regulations in the state.

“He also warned the Commanding Officers of Police Mobile Force in the state to desist from deploying men to banks and financial institutions without due approval of the Commissioner of Police.

“In addition, CP Hakeem Odumosu encouraged banks to fortify security in their facilities by installing more sophisticated CCTV cameras that have 100 day recording capacity so as to have a backup and source of evidence in police investigation of any incident within their areas of responsibility.

“At the end of the meeting, CP Hakeem Odumosu formed a committee for the implementation of the rules and regulations of providing security to banks, financial institutions and movement of valuables (cashes) within the state.

“The committee comprises the Deputy Commissioner of Police, Department of Operations, DCP Mohammed Ali, Officer in Charge of Bank Guards, Lagos State Command, two of the Chief Security Officers of the bankers and two representatives of the Cash in Transfer firms.”

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