FCMB CEO proceeds on leave as bank intensifies probe into paternity allegation

The Chief Executive Officer of First City Monument Bank Limited (FCMB), Mr. Adam Nuru, has voluntarily chosen to proceed on leave as the bank’s board investigate the allegation of paternity scandal against him.

The bank, in a public notice yesterday, said Nuru proceeding on leave would guarantee the sanctity of the investigation.

“We are aware of several stories circulating across several media platforms about our bank’s Managing Director Adam Nuru, a former employee, Mrs Moyo Thomas and her deceased husband, Mr. Tunde Thomas.

“While this is a personal matter, the tragedy of the death of Mr. Tunde Thomas and the allegations of unethical conduct require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of this code of ethics. This is already under way. (Thisday)

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