EFCC re-arrests Fidelity Bank boss, others over funds


BankA fresh discovery of another $153 million said to have been laundered by former Nigerian oil minister, Diezani Alison-Madueke, has landed the Managing Director of Fidelity Bank PLC, Nnamdi Okonkwo, in another round of trouble.

Okonkwo, who was released from detention a few weeks ago in connection to funds allegedly laundered by the bank MD was re-arrested Wednesday by the Economic and Financial Crimes Commission (EFCC) in connection to the discovery of the new laundered fund.

The discovery of $153 million in new funds was also said to have been laundered by the ex-minister through Fidelity Bank.

Also under arrest is one of the bank’s Heads of Operations.

It was gathered that the two top management officials were arrested and ?detained at the Lagos office of the commission.