Thursday, 28 April 2016

FIDELITY BANK PLC REACTS TO ARREST OF IT'S MD


Fidelity Bank Plc has reacted to the arrest of its Managing Director, Mr Nnamdi Okonkwo over an alleged $115m unauthorized transaction with former Minister of Petroleum Resources  ,Diezani Alison Madueke.

Here is the full statement from Fidelity.

“Fidelity Bank Plc’s attention has been drawn to reports in the media on investigations into transactions undertaken by the Bank  in the normal course of business in 2015.
The transactions are now the subject matter of investigations by the Economic & Financial Crimes Commission (EFCC).
We can confirm that the transactions were duly reported as required by the regulators and the Bank is cooperating fully with the authorities on the investigation.
We assure our numerous stakeholders, including our customers that we are working assiduously towards a quick resolution of the issues.
Thank you.”

Management 


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