Sunday 29 May 2016

EFCC releases Fidelity Bank MD, traces stolen funds to NNPC

The Economic and Financial Crimes Commission has released the Managing Director of Fidelity Bank, Mr. Nnamdi Okonkwo, who was arrested last Wednesday for allegedly helping a former Minister of Petroleum Resources, Diezani Alison-Madueke, to launder $153m.

The EFCC had taken the bank MD before an Ikeja Magistrate’s Court last week where the court ordered that he
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