Paternity scandal: Over 1,927 demand FCMB MD’s sacking, bank begins probe

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Paternity scandal: Over 1,927 demand FCMB MD’s sacking, bank begins probe
Published January 3, 2021
First City Monument Bank Managing Director, Adam Nuru
Afeez Hanafi and Alexander Okere
At least 1 , 927 persons have called for the sacking of the First City Monument Bank Managing Director , Adam Nuru , over alleged infidelity with a former worker with the bank , Moyo Thomas .
The petition is requesting the Central Bank of Nigeria and the FCMB board to dismiss Nuru on ethical grounds .
It came on the heels of the death of Moyo’ s estranged husband , Tunde Thomas , who reportedly died of depression about two weeks ago after Moyo reportedly told him some months ago that her two kids were fathered by Nuru .
Moyo had reportedly left Tunde and travelled to the United States with the kids, informing him that the children were not his when she got to the US . Tunde was said to have been down with stroke but later recovered .
It was gathered that Tunde tried to put the matter behind and decided to remarry . He reportedly suffered a cardiac arrest and died two days to the introduction with his new girlfriend .
The petition posted on an online platform, change . org, had been signed by 1 , 927 persons as of 11 pm out of the 2 ,500 target .
The petition read in part , “ This is a case of gross misconduct based on ethical grounds and an unjustifiable economic oppression by the elites ( Adam Nuru ) against the less privileged ( sic ) in the society . The MD 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 FCMB to investigate this for the integrity of the bank and Nigerian banking industry . This is a case too many , while I agree that this is not the full story , the barest minimum will be an investigation to this unethical conduct by the current MD of FCMB , Bank Adam Nuru .”
Reacting to the allegations, the bank said its board of directors had commenced investigation into the matter to ascertain whether its code of ethics was violated .
But when one of our correspondents asked whether Nuru would continue to act as the MD of the bank while the investigation was ongoing , the bank ’s spokesperson , Mr Diran Olojo, said , “ That is the company ’ s position . I don’ t want a situation whereby you quote me on something that is way out of my jurisdiction to speak . ”
Asked when the outcome of the investigation would be made public , he said, “ I am not on the board . The board will be in the best position to determine . That is the position of the board . As the spokesperson , that is what I was made to disseminate to the media . I can ’ t go outside the jurisdiction of my role. ”
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However, the statement sent to Sunday PUNCH by Olojo on behalf of the company read, “ 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 husband , Mr Tunde Thomas .
“ 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 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 . ”

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