adplus-dvertising
Business News

Fidelity Bank denies bribery allegation against MD, clarifies N5 billion bail bond

Fidelity Bank has denied reports that its Managing Director (MD) and Chief Executive Officer (CEO), Dr. Nneka Onyeali-Ikpe, allegedly paid a bribe of N5 billion to avoid detention by the police.

This disclosure is contained in a press statement issued by Fidelity Bank, where it clarified that its Managing Director was asked to sign a N5 billion bail bond as part of a police investigation into a matter involving the account of a customer, Woobs Resources Limited.

The bank, in its statement, described the reports, especially a story by Sahara Reporters, as false and mischievous, meant to mislead the public into believing a bribe was paid.

Fidelity Bank explained that its MD was invited by the police to provide a statement regarding a complaint filed by James Onyemenam against Mr. Ogo Whoba over the management of Woobs Resources’ account.

It stated that after providing her statement, the police asked Onyeali-Ikpe to sign a N5 billion bail bond on her recognizance, adding that the bond was mistakenly reported as a bribe.

The bank emphasized that at no point did the MD pay N5 billion to the police to avoid detention, noting that the bond was simply a standard part of her release conditions.

The bank said, “The police invited the MD during their investigation into a complaint made by James Onyemenam against Mr. Ogo Whoba over the management of Woobs Resources’ account. After taking her statement, the police asked the MD to sign a N5 billion bail bond on her own recognizance.

“It is this bond — not a bribe — that was referenced in a phone conversation with Mr. Ogo Whoba, which was secretly and unlawfully recorded. At no time did the MD pay N5 billion to the Police to avoid detention; signing the bond was simply a standard part of her release conditions.”

The bank also explained that a similar false claim had previously been raised in a petition to the Inspector General of Police by Victor Ukutt on behalf of Mr.Whoba, which the police boss investigated thoroughly and dismissed as baseless.