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Wednesday, February 26, 2025

Diezani $115 Million: EFCC Storms Access Bank, Arrests Group Managing Director

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Herbert Wigwe, the group managing director of Access Bank Plc has been arrested and currently being quizzed by the Economic and Financial Crimes Commission (EFCC) who stormed the bank’s headquarters in Lagos and whisked him away.

According to Huhuonline, an online news blog, Wigwe’s arrest on Friday, May 6, 2016 has to do with  $115m Diezani Alison-Madueke deposits of which the managing directors of Fidelity Bank and Sterling Banks have been arrested by the EFCC.

Other sources say that the arrest of the bank GMD has to do with oil transactions involving he and an executive director of the bank, Mrs. Angela Omokore. There is no information on the status of Mrs. Omokore at the time of filing this report.

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