The newly appointed Managing Director of First Bank of Nigeria (FBN) Holdings Plc, Nnamdi Okonkwo was on Sunday interrogated by the Economic and Financial Crimes Commission (EFCC).
Reasons for Okonkwo’s arrest remains sketchy but some sources said he was being questioned over his alleged role in the transfer of $153.3 million from the Nigerian National Petroleum Commission in favour of Diezani Alison-Madueke, Nigeria’s former petroleum minister.
It was alleged that the Managing Director spent three days in EFCC custody but a source said he was only quizzed on Tuesday and allowed to go home.
Recall that on April 28, 2016, the EFCC had detained Okonkwo over the same matter and later slammed a 14-count charge, including money laundering on him.
It is unclear if there is fresh evidence against the banker which has now necessitated a fresh round of investigation.
The banker’s interrogation is coming barely three weeks after the announcement by FBN Holdings Plc that Okonkwo will replace Mr U.K. Eke as the group managing director of the company, following the successful completion of Eke’s two-term tenure.
