Bad business!

The Managing Director of Fidelity Bank Plc Mr. Nnamdi Okonwko has been arrested again by the anti-graft Agency EFCC over the discovery of $153 million in new funds also allegedly laundered through his bank by former Nigerian oil minister, Diezani Alison-Madueke.

See Also: EFCC arrests Fidelity bank MD for helping Diezani launder N36.9billion

Okonkwo had previously been arrested for helping Diezani handle some cash during the 2015 presidential elections build-up. This was reportedly discovered during investigations into the INEC Resident Electoral Commissioners. The alleged funds said to have been disbursed were traced to Fidelity Bank.

Barely two weeks after his release from the Economical and Financial Crime Commission’s nest, he is back there, over the same Diezani case.

See Also: Fidelity Bank appoints acting MD amidst Diezani scandal with Nnamdi Okonkwo

One of the Bank’s Heads of operation was arrested with him. Reports say 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.

This new discovery reportedly prompted another security sweep of the bank.

It is well o.



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