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Home National News We’re Reviewing Allegations Against Our MD, Nuru — FCMB

We’re Reviewing Allegations Against Our MD, Nuru — FCMB

We’re Reviewing Allegations Against Our MD, Nuru — FCMB
The Board of Directors of the First City Monument Bank (FCMB) has said it is currently reviewing allegations of unethical conduct against its Managing Director, Adam Nuru.


Nuru has been at the centre of a marriage scandal involving Moyo Thomas, a former employee of the bank, and his late husband, Tunde Thomas.


A petition initiated by friends of the deceased, on Thursday had alleged that Tunde died of depression after discovering that his supposed two children with Moyo belong to the FCMB MD.


The petitioners contend that the MD had an illicit affair with the deceased wife, which produced two kids she gave birth to.

The wife left the deceased and traveled to America where she later blew the trumpet that the kids were not his. As a result, he suffered a stroke which he later recovered.

However, the deceased remarried but it was alleged that he did not recover from the traumatic experience he witnessed during the first marriage and suffered a cardiac arrest, later resulting in his death.

It also called on the Central Bank of Nigeria (CBN) to sack Nuru, while demanding a comprehensive investigation into the matter.


In a statement sent to SaharaReporters on Friday, FCMB Group Head, Corporate Affairs, Diran Olojo, said the bank was aware of the allegations making the rounds against its MD.


Stated that the bank’s board of directors had already commenced a review into the matter, adding that its findings would be disclosed in due course.
“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 ex husband, Mr Tunde Thomas,” the statement read.


“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 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.


“Our Board of Directors are reviewing all aspects of this report and once they are done with their review, we will revert to you.”


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