The Managing Director of First City Monument Bank Limited, Adam Nuru, has proceeded on leave to enable the bank to investigate the allegations against him.
The bank made this known in a statement on Tuesday. FCMB said the move was important to guarantee the sanctity of its investigations.
“We are aware of several stories circulating across several media platforms about our bank’s Managing Director, Adam Nuru; a former employee, Mrs Moyo Thomas, and her deceased husband, Mr Tunde Thomas,” the statement said.
“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 ethics.
“This is already under way. During the period of the review, the managing director has volunteered to proceed on leave. This will guarantee the sanctity of the review process.”
“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved,” the bank said.
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