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EFCC Allegedly Raid Home Of Access Bank MD


Operatives of the Economic and Financial Crimes Commission (EFCC) on Friday visited the headquarters of one of Nigeria’s commercial banks, Access Bank, in the Victoria Island area of Lagos.

Vanguard reports that the visit of the anti-graft agency is connected to ongoing investigations into alleged bribery of election officials ahead of the 2015 presidential elections, to the tune of N2.3bn.

According to OTV, The managing director of the bank, Mr Herbert Wigwe may have been arrested by the EFCC officials, according to reports from those familiar with the raid.

Last week, the EFCC arrested Fidelity Bank managing director, Mr Nnamdi Okonkwo for the role for allegedly facilitating the deposit of $115million by former oil minister, Diezani Alison-Madueke.

Earlier this week, Mr Yemi Adeola, the managing director of Sterling Bank was arrested after a raid on the bank’s head office in connection with the election bribe allegations.

Some officials of the Independent National Electoral Commission (INEC) are said to have returned sums in the range of N400m while Fidelity Bank similarly returned N43m, its profit from the transactions.

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