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Banking | Finance

FBN Holdings Denies MD’s Order of Arrest

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FBN Holdings, a leading African banking and financial services group, has rebutted a trending malicious publication made against the Managing Director of FirstBank Nigeria Plc whilst using the name and image of the GMD of FBN Holdings.

The publication has insinuated that the Group Managing Director of the Holding company, Nnamdi Okonkwo was involved in a purported raid of Asiwaju Bola Ahmed Tinubu’s home by the Economic and Financial Crimes Commission, EFCC.

But in a statement Monday, the Group states 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.

According to FBN Holdings, the false news also included a claim 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.

“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 statement reads.

It continued: “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.”

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Funsho Arogundade

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