The Economic and Financial Crimes Commission, EFCC, has secured itself a court remand order allowing the detention of the Managing Director of Fidelity Bank Plc, Mr. Nnamdi okonkwo, and Mr. Martins Izuogbe, the bank’s Head of Operations in the ongoing investigation into a $115million fraud scheme.
According to news agency, Punch, a reliable source confirmed that the EFCC was on Friday given permission to detain the suspects for 30 days.
The source added: “On Thursday, we approached a court in Lagos, where we applied for a remand order. The court granted our prayer and gave us permission to hold them for 30 days pending the conclusion of investigations.”
Following the remand order, the two bank officials who had been arrested earlier in the week in connection with roles played in the distribution of N23 billion to Independent National Electoral Commission, INEC’s officials will now be spending their worker’s day holiday in anti-graft agency’s detention.