EFCC Re- Arrests Fidelity Bank MD Nnamdi Okonkwo And Top Officials Over $153 Million Deziani Funds

The Economic and Financial Crimes Commission (EFCC) in Lagos has rearrested  Mr Nnamdi Okonkwo, the Managing Director of Fidelity Bank ...

The Economic and Financial Crimes Commission (EFCC) in Lagos has rearrested  Mr Nnamdi Okonkwo, the Managing Director of Fidelity Bank PLC, over the discovery of $153 million in new funds also laundered through the bank by former Nigerian oil minister, Diezani Alison-Madueke.


Also under  the arrest is one of the bank’s Heads of Operations.
We learnt that the two top management officials were arrested and detained at the Lagos offices of the EFCC after fresh revelations emerged that the former oil minister laundered the money through the bank for purposes of rigging the 2015 elections in favor of former President Goodluck Jonathan.

 Mr Nnamdi had previously not opened up on the transactions to investigators at the EFCC, and the discovery has induced security sweep of the bank.