Fidelity Bank has stated that the $115million wired to the bank by former Petroleum Minister, Diezani Alison-Madueke was duly reported to the authorities.
The bank’s statement comes after the Economic and Financial Crimes Commission (EFCC) arrested Fidelity Bank managing director, Nnamdi Okonkwo for receiving $115m from Diezani and forwarding same to Independent National Electoral Commission (INEC) officials across the country before the 2015 general elections.
“Our attention has been drawn to reports in the media on investigations into transactions undertaken by the bank in the normal course of business in 2015.”
“The transactions are now the subject matter of investigations by the Economic and Financial Crimes Commission (EFCC).
The bank said the transaction was duly reported to the authorities. “We can confirm that the transactions were duly reported as required by the regulators and the bank is cooperating fully with the authorities on the investigation.”
“We assure our numerous stakeholders, including our customers that we are working assiduously towards a quick resolution of the issues,” the bank added.