Operatives of the Economic and Financial Crimes Commission this evening arrested Herbert Wigwe, CEO of Access Bank Plc, as money laundering investigations shifted to the Nigerian banks.
It was unclear the specific reasons for the raid of Access bank and later the arrest of its CEO, but it makes the third arrest within 10 days.
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| Herbert Wigwe, Access Bank’s Group Managing Director: arrested |
The first bank CEO to be arrested was Nnamdi Okonkwo of Fidelity Bank, in connection with the $115million laundered through the bank by former oil minister, Diezani Alison Madueke to corrupt officials of the Independent National Electoral Commission to change the results for Goodluck Jonathan.
Some of the INEC officials who received the money, N23.3 billion, have been arrested.
Then came the arrest of Yemi Adeola of Sterling Bank.
His arrest on Wednesday created quite a panic at the Marina in Lagos as gun toting operatives frightened the hell out of bank staff and customers before they finally stormed the office of Adeola and arrested him.
The reason is not clear, but some sources are linking it with the stashed money of Jide Omokore,oil mogul and business partner of Diezani Alison-Madueke.
It was the turn of Herbert Wigwe today.
No statement has been issued by the EFCC yet.
Good stuff. The next person should be the Zenith Bank MD. Ha! But that would be getting too close because Emefiele started the dirty work for which GEJ rewarded him with the CBN Governorship.
ReplyDeleteIf the search beam is just, let it continue.
ReplyDeleteLet efcc also go to nnpc and nddc. The bank was just a channel.
ReplyDeleteIt is now that i am convinced that EFCC is indeed ready to investigate, prosecute and curb corruption. If the FG can clean up the banks and impose a heavy penalty on banks that are used to facilitate corruption we would see a drastic reduction in corruption cases.
ReplyDeleteWell done EFCC. Don't hesitate in sending the guilty CEOs to jail. The next stage is to encourage and reward whistle blowing. We would get there.
Must it be Rambo style?
DeleteWell done. ..the banks are the designer and conduit to stealing our common wealth. ..
ReplyDeleteWhat of the MD who just retired from First Bank after ruining it? Imagine first bank almost declaring a loss. It is shocking that he went Scot free.
ReplyDelete