Bank MD faces probe for alleged unethical conduct with female staffer

* CBN reportedly notified

The Board of Directors of a Nigerian bank has disclosed that it is currently investigating allegations of unethical conduct against its Managing Director.

The bank chief has been at the centre of a marriage scandal involving a former employee of the bank, and her husband, who died on December 16, 2020, of alleged depression arising from the discovery.

A petition initiated by friends of the deceased alleged that he died of depression after discovering that his supposed two children with his wife belonged to the bank chief.

Over 1200 people have already signed the petition to get the bank chief sanctioned.

The unidentified petitioners also called on the Central Bank of Nigeria (CBN) to sack the bank chief while demanding a comprehensive investigation into the matter.

“This is a case of gross misconduct based on ethical grounds and an unjustifiable economic oppression by the elite against the underprivileged in the society,” the petition, which has already garnered over 1200 signatures, reads.

“The bank chief 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 the bank to investigate this for the integrity of the bank and Nigerian banking industry.”

But in a statement, the bank said it is aware of the allegations making the rounds.

The statement reads: “We are aware of several stories circulating across several media platforms about our bank’s Managing Director, a former employee and her deceased husband.”

“While this is a personal matter the tragedy of the death of an individual 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 these 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.”

– Media Report

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