
Zenith Bank Group Managing Director, Mr Ebenezer Onyeagwu
By MBAFAN ADE, Abuja –
Zenith Bank has debunked media reports alleging the arrest of its Group Managing Director, Mr Ebenezer Onyeagwu, by the Economic and Financial Crimes Commission (EFCC).
Zenith Bank’s Company Secretary/General Counsel, Mr Michael Otu, said this in a statement made available to the Nigerian Exchange Ltd. (NGX) on Wednesday in Lagos.
NATIONAL ACCORD reports that unverified media report making the rounds on social media on Tuesday alleged that Onyeagwu, among some other bank’s managing directors were invited by the EFCC.
It was said to be in connection with an alleged fraud at the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.
In his reaction, the bank’s spokesman said the report was entirely false as the GMD was not arrested or detained by the EFCC or any other anti-graft agency.
He said that Onyeagwu is currently fulfilling his duties at the bank, and not in detention.
“We wish to clarify that these report are entirely false.
“We are issuing this public statement to dispel the misinformation and ensure that the public and stakeholders are adequately informed,” he said.
According to Otu, Zenith Bank remains dedicated to upholding highest standards of banking and financial services.




