EFCC arrests First Bank Holding chairman over .87 million Diezani loot

EFCC arrests First Bank Holding chairman over $72.87 million Diezani loot

Peoples Gazette

“Okonkwo and Charles Onyedibe are currently being detained by the EFCC over the whereabouts of the new $72.87 million.”

The Economic and Financial Crimes Commission (EFCC) says it has arrested First Bank Holding chairman Nnamdi Okonkwo over $72.87 million linked to former petroleum minister Diezani Allison-Madueke.

Wilson Uwujaren, the spokesperson for EFCC, announced on Wednesday in Abuja that Mr Okonkwo, a former managing director of Fidelity Bank Plc, was under detention in connection with the money.

“While all the $153 million were recovered by the EFCC, the cases involving $115 million, as it relates with the Independent National Electoral Commission (INEC) bribery matter, are in various courts,” he explained. “Okonkwo and Charles Onyedibe are currently being detained by the EFCC over the whereabouts of the new $72.87 million.”

Mr Uwujaren, who disclosed that the money was lodged in the bank’s coffers, added that…

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