Fidelity Bank Plc held its AGM on Thursday 5th of May 2016 without its embattled Managing Director, Nnamdi Okonkwo as he remained in EFCC custody.
The CEO was remanded by the EFCC last week after he was suspected of being involved in a $115m money laundering scam involving former petroleum Minister Diezani Madueke.
The bank posted modest gains today as the shareholders approved dividend payments of 16 kobo per share. The dividend is expected to be paid on Thursday 5th of May 2016.
The CEO was represented by the acting CEO Mohammed Balarabe.