FCMB Bank Manager Olisa Nwakoby Commits Suicide In Front Of His Pastor In Lekki Lagos

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.
[Sunday Telegraph]