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Betta Edu: Zenith Bank denies EFCC arrest of MD

Zenith Bank Plc has denied claims that its Group Managing Director/Chief Executive Officer, Ebenezer Onyeagwu, was arrested by the Economic and Financial Crimes Commission in connection with the ongoing investigation by the Ministry of Humanitarian Affairs and Poverty Alleviation.

It was found that the bank chiefs were invited for questioning in connection with financial embezzlement and fraud linked to the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, her predecessor, Sadiya Umar-Farouk, and Halima Shehu.

However, the Secretary/General of the bank, Michael Otu, in a statement filed with the Nigerian Exchange Limited on Wednesday, described the reports of Onyeagwu’s arrest as false.

It said the MD had not been arrested or detained by the EFCC.

Part of the statement reads: “We want to make it clear that these reports are completely false.

“The Group Managing Director has not been arrested or detained by the EFCC or any other anti-graft agency and is currently discharging his duties at the bank.”

What struck me about Betta Edu after meeting her

Meanwhile, a former Deputy Governor of Lagos State, Femi Pedro, has urged Nigerians to forgive the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and give her a second chance.

During his first meeting with Edu, Pedro described the controversial minister as a very focused and determined woman.

He explained that after meeting her, he was attracted to her style, attitude and behavior.

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In a statement on Wednesday, the former Lagos leader described Edu as his daughter and expressed condolences over her current predicament.

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