The immediate past Chief Executive Officer/Managing Director of Fidelity Bank Nigeria, now Group Managing Director of First Bank Holdings, Nnamdi Okonkwo, has been arrested by the Economic and Financial Crimes Commission (EFCC).
According to a report monitored on Streetjournal Magazine, the banker was picked up some days ago by the anti-graft agency and has been providing useful information on his role in the sleaze and monumental fraud in the Niger Delta Development Company (NDDC) during his time as the managing director of Fidelity Bank.
Sources close to The StreetJournal reveal that Okonkwo is being grilled over N1.3 trillion fraud linked to the agency.
He is also believed to be allegedly linked to the over $153,310.000 brought to Fidelity Bank Plc from NNPC on behalf of Mrs Diezani Alison-Madueke, by a former executive director of First Bank of Nigeria Plc, Dauda Lawal.
Meanwhile, papermacheonline reports an insider as giving details into his arrest. The fraud was allegedly committed when he was the Managing Director of Fidelity Bank.
Further digs revealed that Okonkwo was arrested after a top shot with Fidelity Bank, Frank Anumele was arrested by Interpol.
Frank is the Regional Head of Fidelity Bank in the Southwest. He was said to be arrested for money laundering.
Many believed Okonkwo’s arrest by EFCC had a link with Anumele’s arrest. The investigation is ongoing.
