Over 1,927 Demand FCMB MD’s Sacking Over Paternity Scandal, Bank Commences Probe

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Nwolu Obiajulu

Obiajulu Nwolu is an established writer at africannewstoday.com. He is passionate about African affairs. He loves writing about interesting facts relating to the African continent and enjoys sharing his knowledge with others.

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Over 1,927 persons have signed the petition demanding for the sack of the First City Monument Bank, FCMB, Managing Director, Adam Nuru, over allegations bothering on infidelity with a former staff of the bank, Moyo Thomas.

The petition is asking the Central Bank of Nigeria and the FCMB board to sack Nuru on ethical grounds.

It followed the death of Moyo’s estranged husband, Tunde Thomas, who allegedly died of depression about two weeks ago after learning some months ago that his two children were not fathered by him but by Nuru.

Reports say Moyo travelled to the United States with the kids, informing Tunde about the biological father of the kids when she arrived in the US. Tunde became will with stroke but later recovered.

Tunde, however, tried moving on by attempting to remarry but suffered cardiac arrest and died two days to the introduction ceremony with his new fiancée.

It prompted a petition by concerned Nigerians posted on an online platform, change.org, which had so far been signed by at least 1,927 persons.

The petition partly read, “This is a case of gross misconduct based on ethical grounds and unjustifiable economic oppression by the elites (Adam Nuru) against the less privileged (sic) in the society. The MD has been doing everything possible to sweep this case under the carpet.

“We implore the Central Bank of Nigeria as the apex regulator and the board of FCMB to investigate this for the integrity of the bank and Nigerian banking industry. This is a case too many, while I agree that this is not the full story, the barest minimum will be an investigation to this unethical conduct by the current MD of FCMB, Bank Adam Nuru.”

Reacting to the allegations, the bank disclosed its board of directors had commenced an investigation into the matter to ascertain whether its code of ethics was breached.

The bank in a statement sent to Sunday PUNCH by Olojo on behalf of the company said, “We are aware of several stories circulating across several media platforms about our bank’s Managing Director, Adam Nuru, a former employee, Ms Moyo Thomas, and her deceased husband, Mr Tunde Thomas.

“While this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of this code of conduct ethics. This will be done immediately. We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.”