National
Diezani: Fidelity Bank Ex-MD In Trouble As EFCC Discovers Fresh $72.87m

A former Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo, has been arrested by the Economic and Financial Crimes Commission (EFCC).
www.tracknews.ng reports that Okonkwo was arrested over an additional $72.87m found in the coffers of the bank.
It was gathered that the discovery was part of the ongoing investigations of the former Minister of Petroleum Resources, Diezani Alison-Madueke.
Okonkwo, who is currently the Chairman of First Bank Holding, alongside others, had earlier been questioned over a sum of $153million and $115million by the EFCC.
While all the $153 million was recovered by the EFCC, the cases involving $115million, as it relates with the Independent National Electoral Commission, INEC, bribery matter, are in various courts.
Okonkwo and Charles Onyedibe were currently being quizzed by the commission over the latest discovery.
This was made known by the EFCC spokesman, Wilson Uwujaren, in a statement on Wednesday, titled, ‘Diezani: EFCC uncovers additional $72.87m in Fidelity Bank.’
It said, “Okonkwo, who is currently the Chairman of First Bank Holding, alongside others, had earlier been grilled over a sum of $153m and $115m by the commission.
“Okonkwo and Charles Onyedibe are currently being detained by the EFCC over the whereabouts of the new $72.87m.”
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