Zenith Bank Plc has refuted claims that its Group Managing Director/Chief Executive Officer, Dr Ebenezer Onyeagwu, was arrested and held by the anti-graft agency, the Economic and Financial Crimes Commission, in relation to alleged fraud at the Ministry of Humanitarian Affairs and Poverty Alleviation.
In a statement on Wednesday, the Bank explained that the reports were false and that Onyeagwu was neither arrested nor detained by the EFCC.
Part of the statement read, “We wish to clarify that these reports are entirely false. The Group Managing Director was not arrested or detained by the EFCC or any other anti-graft agency and is currently fulfilling his duties at the bank,” read part of the statement signed by its Company Secretary/General Counsel, Michael Otu.
