Glamtush
No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events
No Result
View All Result
Glamtush
No Result
View All Result
Home Business & Brands

Fidelity Bank Clarifies MD’s Signed ₦5 Billion Bail Bond

by editor
June 16, 2025
in Business & Brands
Reading Time: 2 mins read
Fidelity Bank
Share on FacebookShare on TwitterShare on PinterestShare on WhatsappShare on LinkedinShare on Telegram

Fidelity Bank has clarified its MD’s signed ₦5 billion bail bond.

 

Glamtush reports that Fidelity Bank has reacted to a report claiming that its bank’s MD, Onyeali-Ikpe, confessed to paying ₦5 billion to avoid police detention amid a ₦19 billion fraud probe.

In the statement, the bank stated that the report is false and that there is no truth in the claims of the story.

Read the full statement below:

 

Our attention has been drawn to a publication on Sahara Reporters website titled, “Fidelity Bank MD Onyeali-Ikpe Confesses to Paying ₦5 Billion to Avoid Police Detention Amid Over ₦19Billion Fraud Probe.”

We would like to categorically state this story is patently false and has been maliciously written to deceive the public into believing that a N5billion bail bond was payment to the Police to avoid detention.

While we are unable to comment on the substantive matter as it is before a competent court, we wish to state emphatically that there is no truth in the claims of the story.

The police invited the MD during their investigation of a matter reported by James Onyemenam against Mr. Ogo Whoba in respect of the management of the accounts of Woobs Resources Limited. After taking her statement, the police requested the MD to sign a N5 billion bail bond, which she signed on self-recognizance.

It is the N5billion bail bond that was signed by the MD that was referenced in her conversation with Mr. Ogo Whoba which was recorded without her consent. At no time did the MD pay N5bn to the Police to avoid detention but rather signed a bond as part of her bail requirements.

This mischievous allegation was presented to the Inspector General of Police (IGP) in a petition written by Victor Ukutt for himself and on behalf of Mr. Whoba. The IGP commissioned a detailed and independent investigation into the allegation and found same to be baseless.

As a leading financial institution with a long-standing commitment to strong corporate governance, we remain dedicated to adhering to the rule of law and maintaining the highest ethical standards in all our dealings.

Related Posts

Innovation Enterprise Support Fund
Business & Brands

FirstBank Partners Ekiti State Government On Launch Of Innovation Enterprise Support Fund

April 17, 2026
Ibadan Cultural Festival 2026.
Business & Brands

Adron Homes Champions Cultural Heritage At Ibadan Cultural Festival 2026

April 17, 2026
World Art Day Celebration
Business & Brands

Access Holdings, Coronation Group Partner Tate Modern For World Art Day Celebration On Nigerian Modernism

April 17, 2026
Enugu Custodial Centre
Business & Brands

Fidelity Bank Advocates For Inmates’ Welfare With Donation To Enugu Custodial Centre

April 16, 2026
Dollar To Naira Rate Today
Business & Brands

Dollar To Naira Rate Today April 15 2026 – Latest Black Market And CBN Rates

April 15, 2026
Vocational Tools
Business & Brands

Fidelity Bank Extends “Give Her Power” Initiative To Ogun State, Empowers 100 Women With Vocational Tools

April 15, 2026
Next Post
Fidelity Bank

How N5bn Bond Bail Signed By Fidelity MD Was Confused As Bribe

Adron Homes Advert

Open Heaven April 18 2026

Open Heaven April 18 2026 – Daily Devotional & Prayer Points

April 18, 2026
Itsekiri Group

2027: Itsekiri Group Pushes Alliance With Urhobo, Ijaw For Common Interest

April 18, 2026
Tax Fraud

Two Nigerians Face 100 Years In Jail Over Alleged $100m Tax Fraud

April 18, 2026
Gunmen Behead 30-Year-Old Man

Gunmen Behead 30-Year-Old Man In Plateau

April 18, 2026
School Bullying

FG Unveils Dedicated Hotlines To Combat School Bullying

April 18, 2026
Airline Operators

Airline Operators Suspend Planned Nationwide Shutdown

April 18, 2026
World Cup

Fans To Pay $150 For Train Tickets To New York World Cup Stadium

April 17, 2026
Airtime Borrowing

FCCPC Debunks Banning Airtime Borrowing, Data Advance Services

April 17, 2026
2026 UTME Results

JAMB Releases First Batch Of 2026 UTME Results

April 17, 2026
Innovation Enterprise Support Fund

FirstBank Partners Ekiti State Government On Launch Of Innovation Enterprise Support Fund

April 17, 2026

Magazine Cover

GPBN Associates Member

Fidelity Bank

GLAMTUSH

 

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

GLAMTUSH

Glamtush publishes the latest trends in fashion, beauty, and lifestyle, as well as those making the fashion world interesting and adorable.

 

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us

REACH OUT

Do you have any news for us? Event Coverage, Press Releases or Adverts? Then reach out to us via glamtush@gmail.com or glamtush15@gmail.com

OFFICE ADDRESS

Lagos, Nigeria

Copyright © 2022 Glamtush

  • About Us
  • Advertise
  • Contact Us
  • Disclaimer
  • Glam Tush – Naija News & Entertainment News
  • Glamtush – Nigeria News, Nigerian Newspapers, Naija News
  • Latest Naija News Today
  • Terms And Conditions
  • Write for Us

© 2026 Glamtush

No Result
View All Result
  • Home
  • News
  • Beauty
  • Business & Brands
  • Entertainment
  • Fashion
  • Features
  • Lifestyle
  • Politics
  • Sports
  • Telenovelas
  • Events

© 2026 Glamtush