Stern-looking operatives of Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission, EFCC, on Friday raided the head office of Access Bank in Victoria Island, Lagos.
The anti-graft agency, which has been carrying out investigations on alleged abuse of funds under the last administration, extended its dragnet to the banking sector recently, reports TheCable.
It was said that the Group Managing Director, GMD of Access Bank, Herbert Wiwge, was picked by the operatives and there is every likelihood that he would spend the weekend in detention. It would be recalled that earlier, last week, the commission arrested the Managing Director (MD) of Fidelity Bank Plc, Nnamdi Okonkowo, over an alleged $115 million received from former Minister of Petroleum Resources, Diezani Alison-Madueke.
The bank was accused of not reporting the transaction to the Nigerian Financial Intelligence Unit (NFIU) as required by the law, an allegation Fidelity Bank denied. Fidelity subsequently named Balarabe Musa, one of its executive directors, as acting MD. Two days ago, EFCC officials were at the headquarters of Sterling Bank where they picked the MD, Yemi Adeola, who is currently in their custody.