MD Arrest: Fidelity Bank Management promises EFCC of cooperation

MD Arrest: Fidelity Bank Management promises EFCC of cooperation

Fidelity Bank Plc management has promised the Economic and Financial Crimes Commission (EFCC), of its cooperation in the ongoing investigation of its MD, Nnamdi Okonkwo, and Head of Operations, Martins Izuogbe, for allegedly receiving $115 million from Mrs. Alison-Madueke to bribe Independent National Electoral Commission (INEC) to change the results of last year’s presidential election.

A statement signed by the bank’s management reads: “Our attention has been drawn to reports in the media on investigations into transactions undertaken by the Bank in the normal course of business in 2015.

“The transactions are now the subject matter of investigations by the Economic & Financial Crimes Commission (EFCC).

“We can confirm that the transactions were duly reported as required by the regulators and the Bank is cooperating fully with the authorities on the investigation.”

The bank assured its numerous stakeholders, including its customers of quick resolution of the issues.


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