FBN Holdings Debunks Claim Of EFCC Plan To Arrest GMD

FBN Holdings Plc has debunked a news making the rounds in the social media and some online publications that its Managing Director or Group Managing Director of its Holding company, Nnamdi Okonkwo has been arrested or ordered to be arrested by the Economic and Financial Crimes Commission (EFCC) in connection to a news that the commission recovered N400billion after raiding the home of the presidential candidate of the All Progressives Congress, APC, Bola Ahmed Tinubu.

Recall, the EFCC had reported that it never raided Tinubu’s house and the news is fake. EFCC in a statement said “The Commission wishes to state that no such operation was carried out by the EFCC. The public is enjoined to disregard the report as fake news.”

FBN Holdings on its part issued a statement titled “Malicious Publication-Rebuttal” and signed by its management to debunk the claim.

“Our attention has been drawn to false news making the rounds that an order of arrest has been made against the MD of FirstBank whilst using the name and image of the GMD of FBN Holdings. We wish to state categorically that this is fake news which has already been debunked by EFCC in their publication titled: ‘EFCC Did Not Raid Tinubu’s Home’ and signed by the Commission’s Head, Media & Publicity on its verified twitter handle.

“Neither the Managing Director of the Bank nor the Group Managing Director of the Holding company, Nnamdi Okonkwo have any involvement with the matters alleged in this made up news story nor is there an order of arrest against either one of them.

“The public should disregard this and all such similar stories whilst the authorities are called upon to fish out the perpetrators of this malicious story, ” the statement reads.

FBN Holdings Plc is a leading African banking and financial services group serving individuals, businesses, organisations and governments in leading markets across the continent and globally. FBNHoldings’ principal bank subsidiary is First Bank of Nigeria Limited (FirstBank), Nigeria’s foremost financial institution and leading banking services provider.