“It’s Bail Bond” – Fidelity Bank Sets Record Straight On N5bn Bribe Allegation
Fidelity Bank has reacted to reports in some section of the media suggesting its Managing Director, Nneka Onyeali-Ikpe, paid a whopping N5 billion bribe to escape detention by the police.
The financial institution’s response to the spurious claim is contained in a statement titled “RE: CLARIFICATION OF N5BILLION BAIL BOND SIGNED BY FIDELITY BANK MD” released on Monday, June 16, 2025.
Dispelling the reports as absolute falsehood and mischievous, the bank insisted the Managing Director was only asked to sign a N5 billion bail bond as part of a police investigation into a matter involving the account of a customer, Woobs Resources Limited.
The bank said: “The police invited the MD during their investigation of a matter reported by James Onyemenam against Mr. Ogo Whoba in respect of the management of the accounts of Woobs Resources Limited. After taking her statement, the police requested the MD to sign a N5 billion bail bond, which she signed on self-recognizance.
“It is the N5billion bail bond that was signed by the MD that was referenced in her conversation with Mr. Ogo Whoba which was recorded without her consent. At no time did the MD pay N5bn to the Police to avoid detention but rather signed a bond as part of her bail requirements.”
The bank further maintained that the same false claim had previously been raised in a petition to the Inspector General of Police by Victor Ukutt on behalf of Mr. Whoba. Added that it was dismissed by the Inspector General as baseless and unfounded following through investigation.
