A Manager at a second generation bank, First City Monument Bank
(FCMB) Plc, Mr. Olisa Nwakoby on Friday evening shot himself dead in the
presence of his Priest at the Lekki area of Lagos Island, Lagos State.
The father of a 10-year- old daughter was said to have taken his own
life because of an incriminating huge loan transaction he approved in
his bank.
Sources close to the family told Sunday Telegraph at the weekend that
the late Olisa was the approving officer for the loan which the
beneficiary is no longer servicing and the bank was on the neck of Olisa
to get the money back.
His late father, Chief Patrick Oguejiofor Nwakoby was a former
chairman of First Bank of Niger Plc, a successfully lawyer , politician
and a highly respected community leader before his death.
Fear over his integrity and the name of his family, which could be
dented if his bank commences action against him over the loan, was too
much for the vibrant banker to bear prompting him to shoot himself, our
source said.
Our source did not say that there was suspicion of any foul play in
the death of the banker, she also could not confirm the actual amount
involved in the transaction, but she simply said “it was huge.” The case
is being handled by homicide detectives attached to Area J Command,
Lekki/Ajah. According to a police source.
The banks, on the fateful day he killed himself, went to meet his
pastor. He told the pastor to tell his wife to take good care of his
children, that what he would do in next few minutes would shock
everyone. He was said to have later blown his brains out.
The source continued, “It was later discovered that he took money
from the bank, N350million, and the money started creating problems for
him. He killed himself.”
When the Lagos State Police spokesperson, Dolapo Badmus, was
contacted, her two lines were switched off. Olisa hails from Nkwelle
Ezunaka in Oyi Local Government of Anambra State and he attended Abia
State University, where he bagged a Bachelor of Science (BSc) degree, in
Microbiology between 1990 and 1995.
Banker son of former bank chairman Olisa Nwakoby commits suicide over bad loan
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