News
FCMB Manager Commits Suicide Over N350M Debt

First City Monument Bank (FCMB), Mr Olisa Nwokobi shot himself in Lagos,sources revealed that the 44-year- old bank manager and graduate of Abia State University, killed himself because he was under pressure from his bank over a huge loan he was allegedly owing.
Nwokobi had reportedly gone to his priest last Friday at Our Lady Star of the Sea Catholic Church, Northern Foresore Estate, Lekki, Lagos and complained bitterly on how he approved a loan for a customer who had refused to service the loan.
It was alleged that he had told the priest that he would not stand the shame and disgrace of being dragged up and down by the Economic and Financial Crime Commission (EFCC).
A source at the church said: “He told our father to help him beg his wife and his 10-year-old daughter to forgive him. As the priest was trying to advice him, he brought out a pistol and shot himself. He died instantly.
“The church was in confusion the Rev Father could not believe his eyes. We are still confused. I think he said the loan was about N350million.
“The Police visited the church, took photographs and interviewed the priest. He shot himself. He was not killed by armed robbers. We loved him because he was an active member of the church. We know him very well. He was from Nkwelle Ezunaka, Oyi Local Government area of Anambra state. His father was also a former chairman of First bank plc.”
Another church member, Hilary who corroborated the story said: “I think he was under a spell by someone who borrowed money from the bank and refused to service it. I think the man cashed in on the fact that the loan was illegal and refused to service it. He should be arrested”
Lagos state Police Public Relations Officer [PPRO] Dolapo Badmos, who confirmed the story said: “Yes, at about 9:45am Olisa Nwakobi, of house number 11, Aladdin close, Chevron Drive, Lekki allegedly shot himself in the head with a pistol. He shot himself in front of Our Lady Star of the Sea Catholic Church Northern Foresore Estate.
“A team of policemen attached to the Ilasan Division visited the scene. An American pistol with five round of unexpended ammunition was found.” She said the corpse has been deposited at the Lagos Island morgue for autopsy.
According to her the state Commissioner of Police, Mr Fatai Owoseni has ordered full investigation to unravel why the late banker killed himself.
The deceased banker, whose late father, Chief Patrick Oguejiofor Nwakobi was a former Chairman of First Bank of Nigeria plc, a successful lawyer, politician and a respected community leader before his death might have committed suicide because of the burden of the family name.
According to the Source, it was alleged that Nwakobi was the approving officer for a N350million loan that the beneficiary defaulted in servicing.
However, reacting to the development, the bank spokesman, Mr Diran Olojo, currently on vacation debunked the story going round that the deceased killed himself because of pressure from the bank over loan.
According to him, the bank has nothing to do with what happened. “It is possible that he had personal financial issues which nobody could understand now. ”
lifestyle
Parrot Xtra Publisher Celebrates Hassan Fatungase At 60

Publisher of Parrot Xtra Magazine/PMParrot.com, Olayinka Agboola has sent out expressive greetings to his long-time friend and brother, Alhaji Hassan Taiwo Fatungase, former Bakers’ World, Ikeja, Lagos Director on the occasion of his 60th birthday anniversary.
In a statement personally signed by Agboola, former Nigeria Coordinator for Ovation International Magazine described Alhaji Hassan Fatungase as the most selfless Nigerian he has ever encountered.
Agboola continued, “Hassan is not only selfless, he is intelligent, forward looking, hard-working, vibrant, resourceful, compassionate and above all, very God-fearing.”
The Ibadan-based media entrepreneur then went ahead to submit that the astute technocrat is a man who appreciates human beings and the value of friendship.
“Those who attended the University of Lagos with him in those days will attest to it that ‘Fatuu’, as he used to be called then would sacrifice anything to keep a working-relationship.
“Even when he joined one of the five-star hotels in Abuja in the early 90s, it did not take long before he was promoted to become the very first African to occupy a managerial position before he joined the Bakers’ World family business in Lagos. His records are still there till today.
Feats At Bakers’ World
“While running Bakers’ World located on Allen Avenue in Ikeja, Lagos, journalists, broadcasters, creative young Nigerians and others were encouraged by him. The records are also there for people to verify. There is almost no big name in the entertainment/media industry in Nigeria today that has not directly and/or indirectly benefitted from Hassan’s large-heartedness. As a matter of fact, he used to settle quarrels when differences and ‘head-on-collisions’ were reported to him!”
Agboola also went ahead to describe how the celebrant of the day has been faring since he became the chairman of Abimbola Awoliyi Estate, Oko-Oba in Lagos where he presently lives.
“Hassan is team-player and a man who keeps improving in good-naturedness even as a semi-retired bureaucrat. Residents of Awoniyi Estate will tell his story better. Since he became the chairman some three years ago, living standards have since improved.
“Together with other executive members, the Estate has been winning awards as one of the best in the whole of Lagos State. Solar lights, good roads, fibre-optic-source of internet, faultless security architecture and enhanced sociability…and other achievements have been recorded by the Fatungase-led team.”
Agboola, who was also a pioneer staff at Thisday Newspaper concluded “Dear friends and colleagues, please join me to pray for this quintessential lover of fairness and equity. May Allah continue to be with him, grant him sound health, more prosperity, divine protection and long life. May his wonderful family comprised of ‘Iyalaje’ Doyinsola and the children- Tomisin, Ahmed, Ibrahim and Idris continue to enjoy divine grace too. Happy birthday to our Director at Parrot Xtra Media Network, many happy returns of this day, September 26.”
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