• Latest
  • Trending
NGX dismisses allegations of insider trading against fidelity bank’s MD

FG clears Fidelity Bank MD of fraud allegations

June 10, 2025
Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

June 8, 2026
360 Freed as Troops Raid Boko Haram Enclave in Mandara

No Ransom Paid for 360 Rescued Abductees- Borno Govt

June 8, 2026
OGUN GRANTS INVESTORS 50% DISCOUNT ON LAND USE CHARGE

Ogun Inaugurates Safe School Committee Amid Security Fears

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Police: Adelabu Family Aide Linked to Sister’s Kidnap

June 8, 2026
Lagos: No Solar Tax for Private Homes, Only Govt Estates

Lagos: No Solar Tax for Private Homes, Only Govt Estates

June 8, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Oyo Govt Pulls Down Bungalow Used in Adelabu’s Sister Kidnap

Oyo Govt Pulls Down Bungalow Used in Adelabu’s Sister Kidnap

June 8, 2026
Tamunosoye Karibi-George Crowned Miss World Nigeria 2026

Tamunosoye Karibi-George Crowned Miss World Nigeria 2026

June 8, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Delta Police Bust Gun Ring After Singer’s Extra-Judicial Death

June 8, 2026
NUPRC On Rolls Out Action Plan For 2024

NUPRC, NNRA Harmonise Rules to Cut Oil Sector Costs

June 8, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Monday, June 8, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

FG clears Fidelity Bank MD of fraud allegations

by Present Nigeria
June 10, 2025
in Business
0
NGX dismisses allegations of insider trading against fidelity bank’s MD
34
SHARES
68
VIEWS
FacebookTwitterWhatsappTelegram

The federal government through the Office of the Attorney General of the Federation and Minister of Justice has officially withdrawn criminal charges against Dr. Nneka Onyeali-Ikpe, the Managing Director and Chief Executive Officer of Fidelity Bank Plc.

This followed a legal review that found no direct connection between her and the allegations in question.

RelatedPosts

Rivers CP Probe Alleged N180k Bail Extortion, Torture Claims

No Ransom Paid for 360 Rescued Abductees- Borno Govt

Ogun Inaugurates Safe School Committee Amid Security Fears

In a statement released on Monday by Kamarudeen Ogundele, Special Adviser to the President on Communication and Publicity in the Office of the Attorney-General of the Federation, the AGF clarified that the decision to discontinue the case was made in accordance with constitutional provisions.

“The Attorney General’s decision to discontinue the criminal charge against Dr. Nneka Onyeali-Ikpe is a testament to the office’s commitment to upholding justice and fairness,” the statement read.

The statement stated that the power to enter a nolle prosequi, a formal notice of discontinuation is constitutionally granted to the Attorney General when such action is necessary to prevent a miscarriage of justice.

The charges were said to be an alleged fraudulent scheme involving a bank account allegedly opened and used long before Dr. Onyeali-Ikpe assumed leadership of Fidelity Bank. “She was neither the account officer nor the Managing Director of the bank when the account used in the alleged scheme of fraud was opened,” the statement noted.

But the AGF made it clear that the withdrawal of charges against Dr. Onyeali-Ikpe does not absolve Fidelity Bank as an institution from facing the legal consequences of the allegations.

“This decision does not exculpate Fidelity Bank from the allegations contained in the charge, which is still pending before the court,” the statement clarified, adding that the focus remains on ensuring justice is served.

The public has been urged to allow the judicial process to take its course and to avoid speculation. The AGF reaffirmed its commitment to upholding the rule of law, stressing that “all those found wanting, at any time, face the full weight of the law to serve as a deterrent to others,” the statement said.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share14Tweet9SendShareShare2
Previous Post

Gunmen ambush, kill two miners in Jos South

Next Post

PDP leaders, others reaffirm Anyanwu as substantive National Secretary

Related Posts

Lagos: No Solar Tax for Private Homes, Only Govt Estates

Lagos: No Solar Tax for Private Homes, Only Govt Estates

June 8, 2026
NUPRC On Rolls Out Action Plan For 2024

NUPRC, NNRA Harmonise Rules to Cut Oil Sector Costs

June 8, 2026
FCCPC Reacts To Complaints Of Inability To Purchase Electricity Units Under IKEDC

FCCPC Denies Tinubu Approved 9 New Airtime Operators

June 8, 2026
PCN Shuts 572 Drug Outlets for Regulatory Breeches

PCN Shuts 572 Drug Outlets for Regulatory Breeches

June 6, 2026
Next Post
PDP Names Seven-Member Caretaker Committee For Osun State

PDP leaders, others reaffirm Anyanwu as substantive National Secretary

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.