The management of Fidelity Bank Plc on Thursday confirmed alleged transfer of $115 million adding that the transactions were duly reported to regulatory body.
Photo: Diezani Alison-Madueke was involved in illicit transfer of $115 million via Fidelity Bank
Economic and Financial Crimes Commission [EFCC] had arrested the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials.
Mr. Okonkwo et al were arrested for allegedly receiving $115 million from a former Minister of Petroleum Resources, Diezani Alison-Madueke.
The EFCC also arrested the bank’s Head of Operations, Mr. Martins Izuogbe, for his role in the alleged scam.
The anti-graft agency has described the scam as unprecedented.
The money was allegedly distributed to officials of the Independent National Electoral Commission (EFCC) ahead of the 2015 elections.
The statement issued by the bank 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.
“We assure our numerous stakeholders, including our customers that we are working assiduously towards a quick resolution of the issues.”
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