News
One Week, One Trouble; EFCC Picks Up Ex Fidelity Bank Boss, Nnamdi Okonkwo Over Fresh Deziani Loot

Reveals Additional Loot In Fidelity Bank
Economic and Financial Crimes Commission (EFCC) has arrested the recently appointed Managing Director of First Bank of Nigeria Holdings Plc, Nnamdi Okonkwo.
A top official at the commission, who pleaded anonymity, told The Guardian, yesterday night, that the arrest was part of ongoing investigations of former Minister of Petroleum Resources, Diezani Alison-Madueke.
According to the source, Okonkwo, who is a former Managing Director of Fidelity Bank Plc, was arrested and detained by the anti-graft agency over an additional $72, 870,000 million still in the coffers of the bank.
Okonkwo, alongside others, had earlier been grilled over a sum of $153 million and $115 million by the commission.
The EFCC had claimed Diezani siphoned $153 million out of the Nigerian National Petroleum Corporation and stashed it in three banks in the country.
The anti-graft agency had in January 2017 said the former Managing Director of Fidelity Bank Plc, allegedly helped Diezani to take delivery of the money, and kept $40 million with the former Executive Director, Public Sector Accountant, First Bank Plc, Mr. Dauda Lawal, in order to conceal the source.
On January 6, the EFCC had approached Justice Muslim Hassan and obtained an interim order, directing that the funds be temporarily forfeited to the Federal Government.
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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