BusinessBanking/FinanceI Was Not Arrested By EFCC- Ex Fidelity Bank CEO

I Was Not Arrested By EFCC- Ex Fidelity Bank CEO

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By Fola James

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Nnamdi Okonkwo, the immediate past managing director and chief executive officer of Fidelity Bank Plc has debunked report that he was arrested by the Economic and Financial Crimes Commission, EFCC, over alleged fraud in the Niger Delta Development Commission, NDDC.

A recent report claimed that some chief executives of commercial banks are being investigated by the anti-graft Commission over corruption related issues in the government interventionist agency.

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But speaking on the issue, Okonkwo said he was not arrested nor invited by the Abdulrqsheed Bawa-led EFCC. I have no problem with the EFCC, the seasoned banker said, in a video chat monitored by the magazine.

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“My brother, you can see me in my house, dining with my wife. I just returned from the gym and decided to have some rest. Please, it’s not true, I was not arrested and was never invited by the EFCC over NDDC fraud. Thank you very much for getting in touch,” Okonkwo said

The former chief executive of Fidelity Bank Plc retired from the commercial bank on December 31, 2020 having completed the mandatory tenure as approved by the Central Bank of Nigeria, CBN.

He was recently appointed the Group Managing Director, GMD of First Bank Holdings. He’s expected to assume duty on January 1, 2022.

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