19 bank executives get ultimatum to visit EFCC

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The EFCC has threatened to declare some 19 bank executives wanted if they fail to report themselves at its offices by the end of today. The executives are mostly from the five banks whose leadership was sacked last week by the Central Bank of Nigeria. They include the sacked Managing Directors of Oceanic Bank, Intercontinental Bank, Afribank, Finbank and Union Bank.

A source said that there were a total of 19 officials on the list, some of which are Managing Directors of subsidiaries of the affected banks and some whose banks are next on the line to be hit.
Some of the names on the list are Ben Nwoji of Afribank Trustees Ltd; Henry Onyemem of Union Trustees Ltd; Felicia Shonobi of Oceanic trustees; Ayodele Thomas of Intercontinental Capital Market Ltd and Alex Duruike of Finbank Securities Ltd.A source said the officials are wanted in connection with investigations into the activities of the management of some banks in country.

The EFCC spokesman, Femi Babafemi said the accused persons were invited yesterday for quizzing but failed to show up. "The chairman has been briefed that they have fled their homes," he said. "But one good step already taken by the commission is that they have been listed, so it is difficult for them to escape out of the country."

According to the source, the EFCC officials have been trailing some of the bank executives since they were sacked and yesterday the chairman sent teams of operatives to go to Lagos and invite them for interaction.

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Reader Comments (22)


Posted by Teddy Eruba on Aug 18 2009

We have heard a lot about EFCC listing of suspects it will come to nothing.People had better take individual actions to protect themselves.

Posted by NAMES OF A FRIEND on Aug 18 2009

WHY IS EFCC GOING ABOUT DOING THE UNNECESARY, WHY NOT GO AFTER PEOPLE IN GOVERNMENT ,LIKE THE PRESIDENT AND THE GOVERNORS MOSTLY THE EX GO AFTER THEM THEY SHARED NIGERIAS MONEY AND YOU ARE LOOKING FOR THE LOWER CLASS TO HOLD. ARE YOU POEPLE SCARED OF OBASANJO , LUCKY IGBINEDION , OSUNBOR AND THE REST HOST CRIMINALS ? IF THIS PEOPLE YOU SAID ARE GUILT AND U WANT THEM TO REPORT FINE BUT YOU HAVE TO START FROM THE TOP BECAUSE THEY ALSO HAVE TRACE IN THIS MATTERS ARISING. GOOD DAY

Posted by zebona on Aug 18 2009

I am highly dissappointed in the way this issue is being handled. Most of these people have been able to move the economy forward at different times and now you embarass them for somethin that is actually not their fault....the worst thing that should have been done is really to ask them to resign..... the politics being plain on this issue is too much and not good for the present status of our economy.

Posted by Jaypawsnki on Aug 19 2009

@ zebona so when did moving the economy forward become a social service. Whats your issue? They were handsomely rewarded for being bankers. Any one who runs foul of the law will be punished period! @names of a friend When EFCC went after government officials Nigerians like you complained that EFCC is OBJ's political weapon. You Nigerians what do you really want? A great nation cannot be wrought without sacrifice.

Posted by gsam on Aug 19 2009

I really wonder when EFCC became auditors,they should face their criminal politicians who among them are their relatives,and allow CBN do their work

Posted by Shols on Aug 19 2009

EFCC is compromised and dubious - it is just a tool in the hands of the government of the day. Start with OBJ and ex governors and then IBB so we know you mean business. Who are the owners of the sprawling real estates in Dubai? Any ideas? We all know or at least have an idea. EFCC stop hoodwinking us!

Posted by bayo on Aug 19 2009

EFCC should go and sit-down they just want some of the loot, always seeking relevance when we all know they aren't.

Posted by DAYO OK on Aug 19 2009

This is a very welcome development to sanitise the banking industries, i believed that UBA account should be thoroughly scrutinised, because OBJ is behind TONY ELUMELU.

Posted by Olawale on Aug 19 2009

Na wa O...Things are really happening...EFCC and Banks CEOs',Well, We all most know that when a commission has no job and they intend creating a job for themselves they simply run out of the track EfCC,i have never support your veiw and will never because this is only done to make people fill your impact and it will definitely amount to nothing. A man that claims to use 800m on electricity that we couldn't figure out the power.Rather he his busyntry as if he will not die one day and leave his illluck wealth aside.A party that claims to expend 400m on road?maybe the road is in the sky...What did you do to them?He be like sey Ona no get brain. Efcc...Pls,face your government officials that you are meant to parade each other mess about and not people who have strived hard to get to a position of their dreams to be able to provide shelter for families and friends.

Posted by Comrade Steven Ojere on Aug 19 2009

EFFC IS JUST BEEN STUPID.WILL THEY SAY THAT THEY DO NOT KNOW THE EVEL ACTIVITY GOING ON THE BANKS ALL THESE WHILE.WHENEVER I LOOK AT BANK EXECUTIVES,I SEE THEM AS THIEFS.THEY ARE THE REAL CRIMINALS,SWINDLERS.THEY PASS THE SAME BEHAVIOUR TO THEIR SENIOR AND JUNIOR STAFFS WHO WILL DEMAND TO SEE THE NAKEDNESS OF A PRETTY LADY WHO CAME SEARCHING FOR JOB BEFORE THEY WILL GIVE SUCH A LADY ANY JOB.TOO BAD! OUR GENERATIONS YET UNBORN ARE IN DEEP HELL!GOD SAVE US! EFCC SHOULD GO AFTER OBASANJO & HIS COHORTS.EFCC SHOULD LEAVE YOUNG NIGERIAN GRADUATES DOING LIGIMATE ONLINE BUSINESS ALONE!!!!!!!!! THEY KNOWS WHERE TO GET THE CRIMINALS.OUR LEADERS ARE THE CRIMINALS.THEY HAVE SPOILT THIS COUNTRY.WE KNOW THE TRUTH,BUTH WE DO NOT WANT TO TALK FOR FEAR OF REPRISAL.EFCC PLEASE LEAVE YOUND NIGERIANS DOING LEGITIMATE ONLINE BUSINESS ALONE,HAVE THEY NEVER HEARD OF ONLINE FOREX TRADING,WHY SHOULD THEY BE PUNISHING THE JUST. LET US CALL EVIL ,EVIL.THESE BANKS EXECUTIVES ARE VERY GOOD IN SWINDLING ANY DECEASED MONEY THAT REMAINS UNCLAIMED IN THEIR BANKS.THEY ARE PEN-ROBBERS EVEN WORSE THAN ARMED ROBBERS. I REGRET BEING A NIGERIAN!!!!

Posted by FIGHTERS on Aug 19 2009

The people that created the problem in the banking sector are these useless politicians. If our refineries are working very well, would there be need to import petroluem? In order for the banks to be able to do business, they had to help the people who had the guys to import fuel. They may have made mistakes, but it is important to note that they meant well. What is happenning in our power sector? is it not the Government who could not give us electricity and security to back up our industries? If any of the banks finances trasaction in the power sector, they will still get into trouble, why? no security to ensure that the invetsment they go into is safe. Governement should get itself right before prosecuting these people.

Posted by AUSTIN on Aug 19 2009

sacking people is very easy, but what should be the outcome of it. when all this politicians are recruiting this niger delta boys to work for them, they don't know what will be the outcome of it. fresh graduates are coming, pls where should they work for there ends meat. nigeria is turning into something else.

Posted by Enyinnaya on Aug 19 2009

Go after them, Arrest them like they have mad you go after and arrest their customers. Thats the way it works

Posted by The good citizen on Aug 19 2009

you people should face the people in the govt.most especially the politicians, they are the criminal, let work and look forward for better nigeria not blackmailing the just. have a nice day.

Posted by M T on Aug 19 2009

lets pray that God should help us in nigeria, this is totally embarrassing to nigeria and nigerian.

Posted by simon on Aug 20 2009

is dere no sensible personnel in da miltary take could round upa ll dis politicians and executives and deliver public execution to all dis polluted ppl dat continue to either directly or indirectly rule da country.. we need a drastic change in Nigeria .....someone should wake up and kill dem allllllllllllllllllll!!!!! and dere benefitting relatives, cleanse da country once and for all.

Posted by isikotaebu on Aug 20 2009

My stand on this whole drama is that all the debtors should be made to repay what they borrow from the affected bank's or confiscate their property and get your money back, i think that's how it used to be b4 now,I'm suprised that everything has to be politised or nothing moves....which way Nigeria? why should our govt.be stocking money in our reserve or should i say their reserve becos they use the money which everway they like without considering the fate of millions of masses on the street,shame!!! use what u have and get what u want....plz.

Posted by oje ahimie on Aug 20 2009

at timies i wonder at my people, we complain about everything going wrong, and when something seems to be done to rectify it we immediately oppose it. we cant have our cake and eat it as the saying goes, you cant also catch all the crooks at the same time, however we should continually strive to achieve this. a big thief and a small thief are all thieves, if we are so eager to,clubber, burn to death accused robbers, why then dont we want anyone who has amassed so much wealth in the name of helping the nation move forward, go through the system of justifying there wealth when they stand aaccused.

Posted by jennifer on Aug 20 2009

if EFCC is good in sacking people they should pls think of ways of providing good jobs for the NIGERIAN YOUTH/GRADUATES.that should be the easiest way to stop crime.

Posted by jennifer on Aug 20 2009

if EFCC is good in sacking people they should pls think of ways of providing good jobs for the NIGERIAN YOUTH/GRADUATES.that should be the easiest way to stop crime.

Posted by Seun on Aug 20 2009

Good development, if this people are found guity, they should face it and CBN management,the Auditors, must not be excluded from this, so that Nigerian Leaders will learn to manage well.......... thank you

Posted by VIKOLO on Aug 21 2009

Lets not just prosecute these bank executives alone. We should extend this to all areas of our economic and political system. What about Governors and other Government officials that get the mandate and only deal with public funds without performing? I think we should even start from the past to heal our future.. Past leaders should not be exonerated from this.. That is if we want to be sincere to ourselves. If not, this chase will just be a wild one



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