Loyalty in Tatter’s FMR Fidelity bank MD Successor Allegedly Fight Dirty

Loyalty in Tatter’s FMR Fidelity Bank MD Successor Allegedly Fight Dirty

NewsReport July 3, 2021

Advertisements

It’s been a marriage between town and gown for the erstwhile Managing Director of Fidelity Bank, Nnamdi Okonkwo, who has been fingered by his successor, Nneka Onyeali-Ikpe, over some discrepancies during his tenure as the Chief Executive Officer of the Nigerian bank.

It was gathered that Nneka Onyeali-Ikpe has decided to go down on her predecessor over their fall-out of picking the incumbent as his successor.

Since Okonkwo efforts failed to ensure that the incumbent managing director of Fidelity Bank, Onyeali-Ikpe did not ascend the zenith position, it was gathered that this triggered the efforts of the bank’s MD to ensure the swift probe of her predecessor to answer some clear ambiguity questions during his time as the CEO of the bank.

Onyeali-Ikpe’s eagerness to pay back Okonkwo in his own coin has been allegedly ironed with the available proofs at her disposal of his gross misconducts.
Insiders confirmed that the bank has been politicised as some of the members were alleged to maintain their loyalty to the immediate past CEO of the bank.

Another source revealed that Okonkwo wooed the Chairman of the Board of Directors of the bank, Ernest Ebi to consider one of his allies to succeed him instead of Onyeali-Ikpe as the new MD/CEO.

Fighting back, incumbent Fidelity Bank’s CEO fast-tracked proposal of the investigation of her predecessor which has swiftly been approved by the new board of the bank.

According to another source, “following a pool of information at her disposal, Onyeali-Ikpe allegedly felt compelled to probe Okonkwo’s activities”.

It was further gathered that some top personnel of the bank have been having a dialogue with their heels to avoid being probed. It was reported that not more than 300 top and middle level personnel have been relieved of their duties from the bank.

Okonkwo, having known to have had an appetite for controversy, the embattled former CEO has several controversies and questions begging to be answered over his integrity.

Recall, that the EFCC had arrested Okonkwo and some officials of Fidelity Bank for allegedly receiving $115m from an ex-minister of petroleum, Alison-Madueke.

The EFCC had alleged that during the build-up to the 2015 presidential election, Alison-Madueke invited the former Fidelity Bank boss to help her handle some cash, which was later allegedly disbursed to electoral officials and groups.

The anti-graft agency had filed charges of money laundering against Alison-Madueke and Okonkwo before the inception of President Muhammadu Buhari’s administration.