Heritage Bank not investigated by EFCC —Mgt

By Babajide Komolafe

LAGOS— The management of Heritage Bank, yesterday, said the bank was not under investigation by the Economic and Financial Crimes Commission, EFCC.

In a statement issued, yesterday, the bank’s  management said neither the Managing Director, Mr. Ifie Sekibo, nor any member of the management staff of the bank is being investigated by the EFCC on a N13 billion fraud.

Entitled, “Heritage Bank MD, Others not involved in N13 billion fraud,” the statement said: “Our attention has been drawn to Sunday Punch newspaper and other online news (Sunday, August 27) report of an alleged N13 billion fraud involving the Managing Director and other staff members of the bank of funds belonging to the Oyo State government.

“The management will want to categorically and unequivocally state that neither the MD, Mr. Ifie Sekibo, nor any member of the management staff of the bank is being investigated by the EFCC on a N13 billion fraud.

“Contrary to the false report released by Sunday Punch newspaper and other online news platforms, the EFCC had informed the bank of an account (not related to Oyo State government as likewise verified by The Punch Newspaper via the state’s Finance Commissioner) being investigated by the agency. Over the last week, the bank has fully cooperated with EFCC by providing various documentation and also presented its staff in this regard.

“Management finds it distasteful, unethical and unprofessional of these media houses to tarnish the image of Mr Ifie Sekibo – MD/CEO and the bank. We urge the general public to disregard the article in its entirety.”

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