The Special Presidential Investigation Panel (SPIP), led by Okoi Obono-Obla has saved Nigeria the sum of $7 million that would have been fleeced abroad by the former management of the Nigerian Export-Import Bank (NEXIM).
SecretReporters gathered from authoritative sources within the SPIP on how the former NEXIM Managing Director, Mr. Roberts Orya and his Executive Director (Business Development), Mrs. Folake Itohan Oke connived with the Managing Director of Heritage Bank, Ifiesimama Sekibo, to put the staggering sum of $7 million into the commercial bank, for no specific purpose.
With the money lodged in Heritage Bank and no eyes on it, it was used in giving out loans and yielding millions of interest which was shared between the trios.
This money according to our source was allegedly meant to be laundered abroad to purchase properties for them. The plan however failed when there was a change of government and a new management was brought onboard NEXIM Bank.
Obono-Obla, an anti-corruption crusader and Human Rights lawyer in the course of carrying out routine investigations on Federal Government officials and properties stumbled upon the money, seized it and returned to the coffers of NEXIM Bank.
This will not be the first stain on Folake Oke, as she had earlier been accused of faking her status in the banking industry, just to get appointment to the board. She opened a Bureau De Change which she disguised as a “Multipurpose Cooperative Society” and designated herself as the Managing Director/Chief Executive Officer. With such self-imposed banking nomenclature, it was made to look like someone that met the criteria of the Central Bank of Nigeria for appointment as Executive Director of NEXIM Bank.
It is not clear if the SPIP will charge the three of them to court for fraud and conspiracy.