Monday, November 10, 2025
32.8 C
Lagos

AGF: Why We Discontinued Legal Action Against Fidelity Bank CEO

The attention of the Office of the Attorney General of the Federation and Minister of Justice has been drawn to reactions trailing the discontinuation of the criminal charge against the Managing Director and Chief Executive Officer MD/CEO of Fidelity Bank Plc.

The Attorney General’s decision to discontinue the criminal charge against Dr. Nneka Onyeali-Ikpe, MD/CEO of Fidelity Bank Plc, is a testament to the office’s commitment to upholding justice and fairness. As the chief law officer of the federation, the AGF has the constitutional power to enter a nolle prosequi, discontinuing a prosecution where it is deemed necessary to prevent a miscarriage of justice.

This decision followed a careful review of the case which did not connect Dr. Onyeali-Ikpe to the charge as she was neither the account officer nor the Managing Director of the Fidelity Bank when the account used in the alleged scheme of fraud was opened.

The Attorney General’s decision is guided by the principles of justice, fairness, and the rule of law, and we have every confidence that this decision is in the best interest of justice and the public.

This decision does not to exculpate Fidelity Bank from the allegations contained in the charge which is still pending before the court, but rather a demonstration of the Attorney General’s duty to ensure that justice is served.

We urge the public to allow the legal process to run its course and to refrain from speculation or jumping to conclusions.

The AGF will ensure that the best interest of Justice is served at all times and that all those found wanting, at any time, face the full weight of law to serve as a deterrent to others.

Kamarudeen Ogundele

S A to the President on Communication Publicity,

Office of the AGF& Minister of Justice

June 09, 2025

spot_img
spot_img
spot_img

Hot this week

Nigerian Stocks Present Buying Opportunities as Market Sheds N2.8trn

Nigeria's equities market closed last week ending November 7...

ICPC Chair, Musa Aliyu, to Deliver Realnews 13th Anniversary Lecture 2025

Dr. Musa Adamu Aliyu (SAN) Chairman ICPC THE Management of Realnews Magazine...

Our Laws Now Stronger, More Effective to Prosecute Parties at Fault in Bank Failure – NDIC Boss

COURTESY VISIT: Managing Director/CE, Nigeria Deposit Insurance Corporation (NDIC),...

Fidelity Bank Champions Support for the Elderly

L-R: Igwe Quincy Chibuike, Team Member, Prolific Inductees Class...

Fidelity Bank Partners NCF, Lagos State to Promote Responsible Waste Management

L-R: Area Manager, Policy, Government and Public Affairs (PGPA),...

Topics

WorldRemit Seeks Urgent Restoration of Money Transfers to Nigeria

WorldRemit, a leading online remittance provider, is calling for...

Ecobank Group: ‘Jeremy Awori is Our New CEO’

    Ecobank Transnational Incorporated (ETI), the parent company of the...

NSE Opens Entries for 2018 Essay Competition to Promote Financial Literacy

In line with its commitment to ‘building a financially...

Sovereign Trust Rights Issue Extended to Aug 16 by SEC Approval

Following the approval from the Securities and Exchange Commission,...

Budget Transparency: Tracka Expands Monitoring to 6 More States

Tracka has announced the expansion of its transparency advocacy...

Emefiele: Connecting Finance to Development

It is clear to see that Mr. Godwin Emefiele...

Innovations, Disruptions Will Continue to Define Future of Banking in Nigeria – Akinwuntan

The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has reiterated...
spot_img

Related Articles

Popular Categories

spot_imgspot_img