Diezani: Fidelity Bank says transaction duly reported, assures of cooperation with EFCC

LAGOS (Sundiata Post) – The management of Fidelity Bank Plc has assured its customers including stakeholders of its resolve to work assiduously towards quick resolution of its current battle with the Economic and Financial Crimes Commission (EFCC) following the arrest of the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, alongside some officials by the Economic and Financial Crimes Commission (EFCC) yesterday for allegedly receiving $115m from former Minister of Petroleum Resources, Diezani Alison-Madueke.

In a statement released on Thursday and made available to Sundiata Post, the bank said the transaction for which the top officials of the bank have been picked up were duly reported to the authorities.

The statement 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.”

It will be recalled that the EFCC also arrested the bank’s Head of Operations, Mr. Martins Izuogbe, for his role in the alleged scam, which the anti-graft agency described as unprecedented.