Reports reaching Nairametrics indicate that the latest Diezani scandal which has resulted in the arrest of the Managing Director of Fidelity Bank may also have happened in other commercial banks. This suggest Fidelity Bank may have been singled out for whatever reasons.
According to undisclosed sources, two Tier One commercial banks (names withheld until we receive confirmation) may have also had their Bank executives involved in the scam. According to the source, the amount involved with one of the banks dwarfs what has been reported in the Fidelity Bank case.
It is also not clear if other tier 2 banks are involved in this alleged scandal considering how it forex movement around during the height of the 2015 election was widely reported within banking circles.
More to follow….