Mr. Nnamdi Okonkwo
Following reports on Thursday that the Economic and Financial Crimes Commission (EFCC) had arrested Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials for allegedly receiving $115m from former Minister of Petroleum Resources, Diezani Alison-Madueke distributed to officials of the Independent National Electoral Commission and election monitors about two days before the 2015 presidential election, the anti-graft agency has obtained a remand order to keep Okonkwo and the bank’s Head of Operations, Mr. Martins Izuogbe, pending the outcome of investigations.
According to The Punch , it was gathered that the EFCC had been given permission to detain the suspects for 30 days.
A source said, “On Thursday, we approached a court in Lagos, where we applied for a remand order. The court granted our prayer and gave us permission to hold them for 30 days pending the conclusion of investigations.”
The bank officials were said to have handled the funds for Diezani Alison-Madueke who reportedly met with Okonkwo before the elections and handed him $26m in cash to help her keep even though she had no account with Fidelity Bank.
She was also alleged to have informed the bank MD that four other companies would deposit $89m and he should help her to convert the monies to naira.
Ugonna Madueke, Diezani’s son who has been declared wanted by the EFCC (read here INSERT LINK ) allegedly gave Okonkwo a list containing the names of people who would receive the funds.
Fidelity Bank has, however, denied any wrongdoing, adding that it reported its financial dealings to the appropriate authorities.
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