EFCC Did Not Arrest Me Over NDDC Fraud –Nnamdi Okonkwo

EFCC Did Not Arrest Me Over NDDC Fraud;  that is the assertion by Nnamdi Okonkwo, the immediate-past chief executive officer of Fidelity Bank Plc and newly appointed group managing director of First Bank Holdings.

Okonkwo made the clarification, while reacting to reports on online media, that he had been arrested by the Economic and Financial Crimes Commission (EFCC).

The report alleged that Okonkwo was picked up three days earlier by the anti-graft agency and “has been providing useful information on his role in the sleaze and monumental fraud to the tune of N1.3 trillion in the Niger Delta Development Company (NDDC) during his time as the managing director of Fidelity Bank Plc.”

But in his reaction via exclusive video chat and video call , Okonkwo said the allegation was false.

He said he was never arrested nor invited by the EFCC over any NDDC fraud.

“My brother, you can see me in my house, dining with my wife. I just returned from the gym and decided to have some rest. Please, it’s not true, I was not arrested and was never invited by the EFCC over NDDC fraud. Thank you very much for getting in touch,” he said.

Nnamdi Okonkwo, whose appointment as chairman of FBNHoldings takes effect from January 1, 2022, has more than 30 years of unbroken banking career spanning local and international experience.

The Eagle reports that news of the appointment of Nnamdi Okonkwo was posted on the Nigerian Exchange Ltd (NGX) website.

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The statement which was signed by FBNH Company Secretary, Mr Seye Kosoko, said Okonkwo’s appointment followed notice of the retirement of the Group Managing Director, Mr U.K. Eke, with effect from Dec. 31, 2021, having served for two terms.