Reps summon Fidelity bank MD over unremitted NNPC funds

By Christiana Ekpa

The House of Representatives Committee investigating looted funds has summoned the Managing Director (MD) of Fidelity Bank, Nneka Onyeali-Ikpe to appear before it next week Wednesday over alleged falsified records and unremitted funds from Nigeria National Petroleum Coopération (NNPC), 

The MD, is also expected to appear in respect of the recovered looted funds from the former Petroleum Minister, Diezani Allison which was traced to Fedelity bank.

Out of the 153 million dollars of the looted funds from NNPC, $40 million was alleged to have passed through Fedelity Bank. 

It would be recalled that the Economic and Financial Crimes Commission (EFCC) last week arrested the former MD of Fidelity Bank, Nnamdi Okonkwo over his role in the 153 million dollars recovered funds recovered from former NNPC boss Allison.

Meanwhile, there are indication that the former Fidelity Bank MD would be invited to appear alongside the current MD to give explanation on some of the issues raised by the Committee 

The above resolution was taken when different banks appeared before the House investigative panel to respond to issues arising from the recovered looted funds from NNPC.

The Chairman of committee, Adejero Adeogun (APC, Ondo) in his ruling threatened to issue a warrant of arrest should the MD refuse to appear on the next adjourned date.