FCMB Bank Manager Olisa Nwakoby Kills Himself In front Of His Pastor In Lekki Lagos Over N350Million Debt. Mr. Olisa Nwakoby, a manager at a second generation bank, First City Monument Bank (FCMB) Plc on Friday evening shot himself dead in the presence of his Priest at the Lekki area of Lagos Island, Lagos State.
The father of a 10-year- old daughter was said to have taken his own life because of an incriminating huge loan transaction he approved in his bank.
Sources close to the family told ST at the weekend that the late Olisa was the approving officer for the loan which the beneficiary is no longer servicing and the bank was on the neck of Olisa to get the money back.
His late father, Chief Patrick Oguejiofor Nwakoby was a former chairman of First Bank of Niger Plc, a successfully lawyer , politician and a highly respected community leader before his death.
Fear over his integrity and the name of his family, which could be dented if his bank commences action against him over the loan, was too much for the vibrant banker to bear prompting him to shoot himself, our source said.
Our source did not say that there was suspicion of any foul play in the death of the banker, she also could not confirm the actual amount involved in the transaction, but she simply said “it was huge.” The case is being handled by homicide detectives attached to Area J Command, Lekki/Ajah. According to a police source.
The banks, on the fateful day he killed himself, went to meet his pastor. He told the pastor to tell his wife to take good care of his children, that what he would do in next few minutes would shock everyone. He was said to have later blown his brains out.
The source continued, “It was later discovered that he took money from the bank, N350million, and the money started creating problems for him. He killed himself.”
When the Lagos State Police spokesperson, Dolapo Badmus, was contacted, her two lines were switched off. Olisa hails from Nkwelle Ezunaka in Oyi Local Government of Anambra State and he attended Abia State University, where he bagged a Bachelor of Science (BSc) degree, in Microbiology between 1990 and 1995.
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I have been reporting on latest news from Nigeria for almost 10 years now. I report on every possible news area I come across, but always ensure my reports are compiled with dignity and fact to uphold my personal values and duty as a journalist
Posted: at 31-07-2016 07:10 AM (7 years ago) | Addicted Hero
beauxgars at 31-07-2016 07:15 AM (7 years ago) (m)
This is messed up! #Sad face
Posted: at 31-07-2016 07:15 AM (7 years ago) | Newbie
The people who take out loans through lies and deceit have no conscience. The people responssible for tarnishing this man SHOULD STILL be bought to book and justice served.
Nigeria is too corrupt and I fear for its existence.
Nigeria is a nation that is NOT trusted by its friends and NOT feared by his enemies.
Posted: at 31-07-2016 08:10 AM (7 years ago) | Gistmaniac
Will dis country ever see day light again? Her citizens are so cruel how can some one collect such huge loan and stop servicing it? that person must be a top politician cox if na ordinary bizman bank for don deal with am. Well RIP sir in ur next life if u are trained to be a micro biologist no divert go into finance bcox u get connection there. this is what u get when the wrong person is doing the right job
Posted: at 31-07-2016 10:03 AM (7 years ago) | Upcoming
blacdiamond at 31-07-2016 01:18 PM (7 years ago) (f)
THT IS WHT U GET ,WHEN PEOPLE THT REALLY NEED THIS LOAN WILL COME U PEOPLE WOULD NT GIVE, U DO FAVOURS AMONG THE RICH AND YR SELF . WHT SHALL IT PROFIT A MAN TO GAIN THE WHOLE WORLD AND LOOSE HIS SOUL? U CAN NW SEE THT THOSE POOR ONES ARE EVEN BETTER THAN U, AT THE END U DNT HV MONEY OR AUTHORITY U THINK U HV.
Posted: at 31-07-2016 01:18 PM (7 years ago) | Upcoming
ohh what a mess, it was easier to escape, it was even easy, the gun was there and pastor was there, and the gun was better, is it his fault, the debtor is cursed.
Posted: at 1-08-2016 12:38 AM (7 years ago) | Gistmaniac
Buhari APC don block some key pipe banks leakages, any huge loan collected by PDP goons to run for elections, in the name of Fed govt contracts can no longer be serviced, GEJ should be blame for this, PMB is the cause of this,i will tell Lie Muhammed to send Ibrahim Magu to investigate the case, I suspect the Politicians.
Posted: at 1-08-2016 11:08 AM (7 years ago) | Upcoming
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