Home Crime Managing director of Fidelity Bank arraigned over $153m fraud

Managing director of Fidelity Bank arraigned over $153m fraud

A Federal high court sitting in Lagos, Southwest Nigeria has adjourned till 14 January 2019 for the arraignment of Nnamdi Okonkwo, managing director of Fidelity Bank Plc, for allegedly laundering the sum $153,310,000 while Diezani Allison-Madueke, former Petroleum Mminister and one Ben Otti that supposed be arraigned with him was alleged to be at large.

Others to be arraigned alongside the former bank boss are Dauda Lawal, Lanre Adesanya and Stanley Lawson.

However when the matter was mentioned today, Economic and Financial Crime Commission (EFCC), prosecutor Barrister Rotimi Oyedepo  told the court that Nnamdi Okonkwo and Dauda Lawal were present in court while Lanre Adesanya and Stanley Lawson were absent.

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