Economic and Financial Crimes Commission, EFCC, today 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.

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.

http://www.kongegist.com/2016/05/efcc-raids-access-banks-head-office.html

Efcc is working and wailers are wailing

KakiP:
Efcc is working and wailers are wailing

they are working selectively. But bros how come everyone in apc is not corrupt?

search for our YAM in every place searchable.

junketer:
they are working selectively. But bros how come everyone in apc is not corrupt?

I never knew Access bank is Dasuki bank until now.
working selectively is better than turning them into puppets.
who heard about working EFCC during PhD holder's administration? at least the man with NEPA bill as u people call it has been able to put EFCC into selective use. the question is are those selected guilty of eating our YAM or not?

My concern here is the respect for the right of the citizens. I do hope that they've established a case against them before the arrest.
Situations where investigation only comenaces after arrest were made is against justice.
I don't have pity for Access bank though.

No kobo was stolen from government coffers without the active connivance of our badly regulated sorry excuse of our financial institutions....

The bank with the orange colour too is likely loading...

But where is lalasticlala sef?

1. Fidelity down
2. Sterling done
3.Access on the queue
4. Z
5. F
6. E

For now

3 MDs invited so far. How many to to go?

very good

modath:

No kobo was stolen from government coffers without the active connivance of our badly regulated sorry excuse of our financial institutions....

The bank with the orange colour too is likely loading...

that bank own go worst.

With time the bad APC eggs will be picked up likewise.

junketer:
they are working selectively. But bros how come everyone in apc is not corrupt?

There is fire on the mountain...

This EFCC bite pass Suarez.

No wonder FFK don dey court sympathy in advance.


Serves them right!

That's how a bank manager has turned adviser on ways of siphoning public funds to a serving governor.

.

I am the happiest man in naija today do to all this new development. Call it whitch haunt, it doesn't matter. Call it selective probe it matters not , for me all I want is continues arrest and recovering of our lost glory no I mean our lost wealth. Pmb the bull! Ride on.
Sal baba.
Sai magu.
Sai DSS
Sai Nigeria.
Change sweet nobi small oh!

EFCC always going about it wrongly all the time as far as I am concerned.
No until any of these so called Corruptions Cases have been heard and seen through at the Supreme Court, I am not impressed.