INFIDELITY: EFCC arrests First Bank chairman in connection with $72m Diezani stashed in Fidelity Bank

The EFCC on Wednesday said it has arrested and detained a former managing director of Fidelity Bank Plc.

It said Nnamdi Okonkwo was arrested allegedly over an additional $72, 870,000million traced to former Oil Minister Diezani Allison-Madueke,

The fund is still in the coffers of the bank.

A statement by the EFCC’s Head of Media and Publicity, Wilson Uwujaren, said the Okonkwo was being grilled with one Charles Onyedibe.

“Okonkwo, who is currently the Chairman of First Bank Holding, alongside others, had earlier been grilled over a sum of $153million and $115million by the commission.

“While all the $153 million were recovered by the EFCC, the cases involving $115million, as it relates to the Independent National Electoral Commission (INEC), bribery matter, are in various courts.

“Okonkwo and Charles Onyedibe are currently being detained by the EFCC over the whereabouts of the new $72.8m.”