Breaking: Fidelity Bank Confirms CEO’s Arrest

Fidelity bank

As a follow up to the reported arrest of Fidelity Bank’s CEO, the bank has just issued a press release confirming the event.

According to a press release made available to the Nigerian Stock Exchange, NSE the bank said:

“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 & Financial Crimes Commission (EFCC).

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.”

Source: Fidelity Bank via NSE

The next coming weeks will be a decider for the bank and its image.

Fidelity Bank’s CEO Questioned For Taking Sleazy Deposits

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