Nigeria, May 06, 32016 – Operatives of the Economic and Financial Crimes Commission(EFCC) today stormed Access Bank Nigeria Plc, one of the new generation banks and arrested Managing Director of the bank, Mr. Herbert Wigwe.
It is not clear why operatives of the EFCC have arrested him but we gathered that it is unconnected with the $115 million for which Managing Director of Fidelity Bank, Mr. Nnamdi Okonkwo was arrested early last week. He has been replaced in temporary capacity.
“In the absence of the Managing Director/Chief Executive Officer, Mr. Nnamdi Okonkwo, the Board of Directors has appointed Alhaji Mohammed Lawal Balarabe, Executive Director North as acting Managing Director/Chief Executive of Fidelity Bank Plc with immediate effect subject to regulatory approval,” the bank said in a statement.
Two days ago, officials of the EFCC also quizzed senior managers of the bank.
