Operatives of Nigeria’s anti-graft agency, the Economic and Financial Crimes Commission, EFCC, on Friday 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 recently, reports TheCable.
Last week, the commission arrested Nnamdi Okonkowo, managing director (MD) of Fidelity Bank Plc, over an alleged $115 million received from Diezani Alison-Madueke, former minister of petroleum resources.
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.
