The management of Zenith Bank Plc, has debunked the arrest of its Group Managing Director, Dr. Ebenezer Onyeagwu by the Economic and Financial Crimes Commission (EFCC).
There were reports circulating on social media and certain news outlets alleging that Dr. Onyeagwu, the group managing director/chief executive officer was arrested and held by the EFCC on January 9, 2024 in connection with the alleged fraud at the federal ministry of humanitarian Affairs and poverty alleviation.
But reacting to the report,
Zenith bank Secretary/General Counsel, Zenith Bank, Mr. Michael Otu in a signed statement said the financial institution is aware of inaccurate reports circulating on social media.
According to him, “We wish to clarify that these reports are entirely false, the group managing director was not arrested or detained by the EFCC or any other anti-graft agency and is currently fulfilling his duties at the bank.
“We are issuing this public statement to dispel the misinformation and ensure that the public and our stakeholders are accurately informed.”
He added that Zenith bank remains dedicated to upholding the highest standards of banking and financial services.