The Central Bank of Nigeria under the leadership of the incumbent Governor, Godwin Emefiele, the Economic and Financial Crime Commission, EFCC under the leadership of the ex-chairman, Ibrahim Larmode, probably the Independent Corrupt Practises And Other Related Offences Commission, ICPC may have been indicted by the Fidelity Bank Nigeria PLC in the $115 million 2015 election bribe slush fund championed by former Petroleum Minister, Diezani Aliso-Madueke and Son, Ugonna Madueke.

Following yesterday's viral media reports on the saga, the Fidelity Bank has officially made it clear in an official statement that the said transaction was reported to the appropriate authorities as required by Nigeria's financial regulation.

The bank said it a statement by its Head of Corporate Communication, Mr. Ejike Ndiulo, that the said transaction was reported to relevant authorities as required by banking regulations. 


Ndiulo said: “Our attention has been drawn to reports in the media on investigations into transactions undertaken by the bank in the normal course of business in 2015. “The transactions are now the subject matter of investigations by the Economic and Financial Crimes Commission, EFCC.

“We can confirm that the transactions were duly reported as required by the regulators and the bank is cooperating fully with the authorities on the investigation.”

If such report was made to the Central Bank of Nigeria, the CBN under the leadership of Godwin Emefiele, the EFCC; under Ibrahim Lamorde and other regulatory bodies, what have they done before now? Could it be they had their own share of the slush fund reason they kept mum? Were they ordered to be silent by the then President as the he was the giant beneficiary of the scandal? All these questions await genuine answers.

Ordinary and in a sane nation, should Fidelity Bank actually reported the transaction as claimed, the nation could have been saved and protected from this monumental theft by public officers entrusted with powers

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