BREAKING!!! EFCC Arrests First Bank GMD Over $72.87 Million Diezani Loot

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The Economic and Financial Crimes Commission (EFCC) says it has arrested First Bank Holdings GMD Nnamdi Okonkwo over $72.87 million linked to former petroleum minister Diezani Allison-Madueke.

Wilson Uwujaren, the spokesperson for EFCC, announced on Wednesday in Abuja that Mr Okonkwo, a former managing director of Fidelity Bank Plc, was under detention in connection with the money.

“While all the $153 million were recovered by the EFCC, the cases involving $115 million, as it relates with the Independent National Electoral Commission (INEC) bribery matter, are in various courts,” he explained. “Okonkwo and Charles Onyedibe are currently being detained by the EFCC over the whereabouts of the new $72.87 million.”

Mr Uwujaren, who disclosed that the money was lodged in the bank’s coffers, added that Mr Okonkwo’s arrest was part of ongoing investigations on the former minister.

According to him, Mr Okonkwo, who is currently the GMD of First Bank Holdings, alongside others, had earlier been interrogated over $153 million and $115 million by the anti-graft agency.

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About Wisdom Nwedene 9531 Articles
Wisdom Nwedene is a seasoned investigative reporter and a Senior Correspondent at 9NEWS NIGERIA. He is currently an editor @9News Nigeria and also a social media strategist, writer, freelancer. Wisdom Nwedene has also interviewed many top Nigerian celebrities and Politicians. Contact me via : 07034977317 . To always get our news update on WhatsApp, call or text 'add me' to, 07034977317 or send me message via Facebook : Wisdom Nwedene( Share your story with us: +234703497 7317 ( Call & SMS only) Email:

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