The EFCC has arrested Nnamdi Okonkwo, the former MD of Fidelity Bank Plc.

The EFCC has arrested Nnamdi Okonkwo, the former MD of Fidelity Bank Plc.

EFCC

The EFCC has arrested Nnamdi Okonkwo, the former MD of Fidelity Bank Plc.

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The Economic and Financial Crimes Commission has arrested a former Managing Director of Fidelity Bank Plc, Nnamdi Okonkwo, allegedly over an additional $72.87m still in the bank’s coffers, as part of the ongoing investigations of a former Minister of Petroleum Resources, Diezani Alison-Madueke NewsReport gathered.

Okonkwo and Charles Onyedibe were being questioned by operatives about the latest discovery.

Nnamdi Okonkwo

Okonkwo, the chairman of First Bank Holdings, and others had previously been questioned by the commission about $153 million and another $115 million.

While the EFCC recovered all of the $153 million, the cases involving $115 million, which relate to the bribery of the Independent National Electoral Commission, are still pending in various courts.

Wilson Uwujaren, the EFCC spokesman, revealed these in a statement on Wednesday titled, ‘Diezani: EFCC uncovers additional $72.87m in Fidelity Bank.’

It read, “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.”