How N5bn Bond Bail Signed by Constancy Boss was Confused as Bribe

Fidelity Bank has dismissed studies alleging that its Managing Director (MD) paid N5 billion in bribes to keep away from detention by the police.

In a press release launched on Monday, the {bank} defined that the MD was requested to signal a N5 billion bail bond as a part of a police investigation right into a matter involving the account of a buyer, Woobs Sources Restricted.

The {bank} described the studies — notably a narrative by Sahara Reporters — as false and mischievous, meant to mislead the general public into believing a bribe was paid.

“The police invited the MD throughout their investigation right into a criticism made by James Onyemenam towards Mr. Ogo Whoba over the administration of Woobs Sources’ account. After taking her assertion, the police requested the MD to signal a N5 billion bail bond on her personal recognizance.

“It’s this bond — not a bribe — that was referenced in a telephone dialog with Mr. Ogo Whoba, which was secretly and unlawfully recorded. At no time did the MD pay N5 billion to the Police to keep away from detention; signing the bond was merely an ordinary a part of her launch situations.”

The {bank} additionally defined that the identical false declare had beforehand been raised in a petition to the Inspector General of Police by Victor Ukutt on behalf of Mr. Whoba. The Inspector Normal investigated the matter totally and dismissed it as baseless.

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