EFCC GIVES 19 BANK EXECUTIVES ULTIMATUM FOR INTERROGATION

The Economic and Financial Crimes Commission (EFCC) has threatened to declare some 19 bank executives wanted if they fail to report themselves at its offices by the end of today. The executives are mostly from the five banks whose leadership was sacked last week by the Central Bank of Nigeria. They include the sacked Managing Directors of Oceanic Bank, Intercontinental Bank, Afribank, Finbank and Union Bank.
Some of the names on the list are Ben Nwoji of Afribank Trustees Ltd; Henry Onyemem of Union Trustees Ltd; Felicia Shonobi of Oceanic trustees; Ayodele Thomas of Intercontinental Capital Market Ltd and Alex Duruike of Finbank Securities Ltd.A source said the officials are wanted in connection with investigations into the activities of the management of some banks in country.
The EFCC spokesman, Femi Babafemi said the accused persons were invited yesterday for quizzing but failed to show up. "The chairman has been briefed that they have fled their homes," he said. "But one good step already taken by the commission is that they have been listed, so it is difficult for them to escape out of the country."