Two top bankers has been arrested over N2.8 billion pension fraud by the Economic and Financial Crimes Commission.

The pension cash, which was lodged in five accounts in the bank was also traced to the United Arab Emirates.

Those arrested are said to be staff of a second generation bank in the Abuja Central Business District.

It was learnt that the EFCC was probing the alleged “collaboration” between the two suspects and a former chairman of Pension Reform Task Team, Abdulrasheed Maina.

Maina has probably disappeared after the EFCC filed charges against him for allegedly being unable to account for billions of naira.

According to The Nation, correspondent revealed that the two bankers were arrested on October 22 following what a source described as “fresh evidence that they are managing proxy accounts for Maina.”