Olisa Nwakoby, a Manager at First City Monument Bank (FCMB) Plc,n Friday evening shot himself dead in the presence of his Priest at Lekki, Lagos State, NewTelegraph reports.
According to the report, he took his own life because of an incriminating huge loan transaction he approved in his bank which the beneficiary is no longer servicing and the bank was on his neck to get the money back.
His late father, Chief Patrick Oguejiofor Nwakoby was a former chairman of First Bank of Niger Plc, a successful lawyer, politician and a highly respected community leader before his death.
Fear over his integrity and the name of his family, which could be dented if his bank commences action against him over the loan, was said to be too much for him to bear, prompting him to shoot himself.
The case is being handled by homicide detectives attached to Area J Command, Lekki/Ajah. According to a police source, on the fateful day he killed himself, he allegedly went to meet his pastor to help tell his wife to take good care of his children, that what he would do in next few minutes would shock everyone. .
A NewTelegraph source said,
“It was later discovered that he took money from the bank, N350m, and the money started creating problems for him. He killed himself.”