No money was deposited into account of pastor linked to Magu - FCMB

Nigeria News News

No money was deposited into account of pastor linked to Magu - FCMB
Nigeria Latest News,Nigeria Headlines
  • 📰 PremiumTimesng
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 78%

'We feel it is in the public interest to state emphatically that there was no transfer of N573m into this account, mistakenly or otherwise.'

The management of First City Monument Bank has refuted stories in the media of alleged deposit of N573 million into the account of an associate of the suspended chairman of the EFCC, Ibrahim Magu.

On Monday, some newspapers reported the FCMB managing director, Adam Nuru, allegedly telling the panel that N573 million was lodged into the account of Godwin Omale, a pastor, in error. But in a statement released on Wednesday by FCMB’s Group Head, Corporate Affairs, Diran Olojo, the bank said there was no such deposit at anytime into the said account.

“Our Managing Director clarified to the Presidential panel that the system generated report was incorrect and that there was no mistaken transfer of N573 million.”Our attention has been drawn to widely circulating stories incorrectly stating that our Managing Director, during a recent presidential hearing in Abuja, testified that the bank mistakenly transferred N573m to the account of a church and the said error was not discovered for 4 years.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

PremiumTimesng /  🏆 3. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sagay attacks Salami panel, faults suspects’ testimonies against MaguSagay attacks Salami panel, faults suspects’ testimonies against Magu|p style=
Read more »

EFCC: Sagay faults Buhari's panel probing Magu, says they are all accusers - Daily Post NigeriaEFCC: Sagay faults Buhari's panel probing Magu, says they are all accusers - Daily Post NigeriaProf. Itse Sagay (SAN), the Chairman, Presidential Advisory Committee on Corruption, PACAC, has faulted President Muhammadu Buhari's decision to compose a
Read more »

Magu: Sagay criticises Justice Salami PanelMagu: Sagay criticises Justice Salami PanelAccording to the report, the senior lawyer said he believes Justice Salami happens to be the only member of the committee investigating Mr Magu...
Read more »

Sagay faults composition of panel probing Magu | The NationSagay faults composition of panel probing Magu | The NationAn eminent professor of law, Itse Sagay (SAN), on Monday faulted the composition of the panel probing Ibrahim Magu, Acting Economic and Financial Crimes Commission (EFCC).
Read more »

FCMB Group posts N11.1bn profit before taxFCMB Group posts N11.1bn profit before taxFCMB Group Plc for the half year ended June 30, 2020, the Group’s profit before tax (PBT) rose by 26% to close at N11.1bn compared to N8.8bn in the correspondin
Read more »

FCMB sustains new strengths in Q2 - Daily Post NigeriaFCMB sustains new strengths in Q2 - Daily Post NigeriaFirst City Monument Bank sustained new strengths in operations in the second quarter despite the challenges of the Covid-19 economic lockdown. The bank
Read more »



Render Time: 2025-04-03 21:06:42