Access Bank's MD, Herbert Wigwe Arrested By EFCC Over Diezani's $5m Secret Fund

The Managing Director of Access Bank Plc, Herbert Wigwe, was on Friday arrested by operatives of the Economic and Financial Crimes Commission.
Wigwe was picked up at the Bank’s head office in Victoria Island, Lagos State.

Sources said he spent the night at the Lagos State office of the EFCC..
An EFCC source disclosed that Mr. Wigwe was quizzed regarding funds laundered through the bank by officials of the Nigerian Maritime Administration and Safety Agency (NIMASA).

Our EFCC source stated that the source of some questionable funds located in the bank was also traced to former Petroleum Minister, Diezani Alison-Madueke.

The source disclosed that the Access Bank MD received $5 million that was routed through Zenith Bank.
The Managing Director of Sterling Bank Plc, Yemi Adeola, was also quizzed by the EFCC during the week.

May 07, 2016