The management of Heritage Bank has debunked allegations of fraud totalling N13 billion levelled against Ifie Sekibo, managing director and other staff of the bank.
The allegations were made in a newspaper and some online publications involving funds belonging to the Oyo State government.
A statement issued by Fela Ibidapo, group head, Corporate Communications, said the management of the bank, “wishes to state categorically and unequivocally state that neither Ifie Sekibo, the MD, nor any member of the management staff of the bank is being investigated by the EFCC on a N13 billion fraud.”
According to the statement, contrary to the false report released by the  Newspaper and other online news platforms, the EFCC had informed the bank of an account (not related to OYO state government as verified by the state’s Finance Commissioner) being investigated by the agency. “Over the last week, the bank has fully cooperated with EFCC by providing various documentation and also presented its staff in this regard,” stated the bank.
It added that, “Management finds it distasteful, unethical and unprofessional of these media houses to tarnish the image of Mr Ifie Sekibo – MD/CEO and the bank. We urge the general public to disregard the article in its entirety,”