Join NairaWay / Login / Trending / Recent / New
Stats: 219 members, 2,682 topics. Date: March 19, 2018, 3:36 am
NAIRAWAY Forum / Business / Fidelity Bank Appoints Acting MD Over The Arrest Of MD/CEO (1 Post | 213 Views)
Fidelity Bank Appoints Acting MD Over The Arrest Of MD/CEO by nairaway(m) : 10:23 am On May 06, 2016
The Board of Directors of Fidelity Bank Plc has appointed the Executive Director, North, Alhaji Mohammed Balarabe, as the Acting Managing Director/Chief Executive of the bank with immediate effect subject to regulatory approval.
The appointment, according to a statement by the bank on Monday, follows the absence of the Managing Director/Chief Executive Officer, Mr. Nnamdi Okonkwo, who was last week arrested by the Economic and Financial Crimes Commission alongside some officials of the bank for allegedly receiving $115m (N23bn) from a former Minister of Petroleum Resources, Diezani Alison-Madueke, to prosecute the re-election of former President Goodluck Jonathan, Punch reports.
Viewing this topic: 1 guest viewing this topic
|NAIRAWAY - Copyright © 2016 Oluwasegun Adebayo. All rights reserved. Follow NairaWay on Facebook|
Disclaimer: Every NAIRAWAY member is solely responsible for anything that he/she posts or uploads on NAIRAWAY.