13 Billion Fraud: Bank Denies MD, Staff alleged infraction on OYO State Account
The management of Heritage bank has released a statement exonerating the MD- Mr. Ifie Sekibo and other staff of the institution of involvement in an alleged financial fraud.
An alleged N13 Billion fraud was said to have involved the MD and some staff of the bank as reported by the Sunday Punch Newspaper and other online news portals claimed a source in the bank. The sum was said to belong to the Oyo State government.
Meanwhile, the bank has not denied an investigation being carried out by Economic and Financial Crime Commission (EFCC) in the bank which may be unconnected with OYO state government.
A statement exonerating the bank and its officials issued by the bank in Lagos and made available to the media reads in part:
“Our attention has been drawn to Sunday Punch Newspaper and other online news (Sunday 27th August) report of an alleged N13billion fraud involving the Managing Director and other staff members of the bank of funds belonging to the Oyo State government”
It continues, “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 N13billion fraud” it stated
The bank unequivocally stated that 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 documentations and also presented its staff in this regard, the EFCC was claimed to have indicated.
The statement therefore informed that the management finds it distasteful, unethical and unprofessional of these media houses to tarnish the image of Mr Ifie Sekibo – MD/CEO and the bank, urging the general public to disregard the article in its entirety