Zenith Bank Dispels Claims Of GMD’s Arrest Over Humanitarian Ministry Fraud
Zenith Bank has reacted to claims in some sections of the media that its Group Managing Director, Ebenezer Onyeagwu, was arrested and detained by the Economic and Financial Crime Commission (EFCC) in connection with an alleged fraud at the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.
The foremost financial institution dispelled the media reports as entirely false in a statement by Company Secretary/General Counsel, Michael Osilama Otu.
The statement countering the unfounded allegations was issued on Wednesday, January 10, 2024 and partly reads…
“We have become aware of inaccurate reports circulating on social media and certain news outlets alleging that Dr. Ebenezer Onyeagwu, the Group Managing Director/Chief Executive Officer of Zenith Bank Plc, was arrested and held by the EFCC on January 9, 2024, in connection with an alleged fraud at the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.
“We wish to clarify that these reports are entirely false. The Group Managing Director was not arrested or detained by the EFCC or any other anti-graft agency and is currently fulfilling his duties at the bank.
“We are issuing this public statement to dispel the misinformation and ensure that the public and our stakeholdârs are accurately informed.
“Zenith Bank remains dedicated to upholding the highest standards of banking and financial services.”
