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FG clears Fidelity Bank MD of fraud allegations

News Express |10th Jun 2025 | 107
FG clears Fidelity Bank MD of fraud allegations

Fidelity Bank MD, Dr Nneka Onyeali-Ikpe




By EBERE AGOZIE

The Attorney-General of the Federation (AGR), Lateef Fagbemi, SAN, has said that the decision to discontinue the criminal charge against Dr Nneka Onyeali-Ikpe the Managing Director of Fidelity Bank Plc, reflects a commitment to upholding justice and fairness.

This is contained in a statement issued by Mr Kamarudeen Ogundele, the AGF’s Special Assistant on Communication and Publicity on Monday in Abuja.

The AGF explained that the decision followed a careful review of the case, which found no connection between Onyeali-Ikpe and the charge, as she was neither the account officer nor the Managing Director of Fidelity Bank when the account used in the alleged fraudulent scheme was opened.

“As the chief law officer of the federation, the AGF has the constitutional power to enter a nolle prosequi, discontinuing a prosecution where it is deemed necessary to prevent a miscarriage of justice.

“This decision followed a careful review of the case which did not connect Onyeali-Ikpe to the charge as she was neither the account officer nor the Managing Director of the Fidelity Bank when the account used in the alleged scheme of fraud was opened.

“The Attorney General’s decision is guided by the principles of justice, fairness, and the rule of law, and we have every confidence that this decision is in the best interest of justice and the public,” he said.

He noted that the decision does not exculpate Fidelity Bank from the allegations contained in the charge which is still pending before the court.

He added that the decision was rather a demonstration of the attorney general’s duty to ensure that justice is served.

“We urge the public to allow the legal process to run its course and to refrain from speculation or jumping to conclusions.

“The AGF will ensure that the best interest of justice is served at all times and that all those found wanting, at any time, face the full weight of law to serve as a deterrent to others. (NAN)




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Tuesday, June 10, 2025 5:58 AM
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