Mr. Olisa Nwakoby, a manager at a second generation bank, First City Monument Bank (FCMB) Plc on Friday evening shot himself dead in the presence of his Priest. Mr. Olisa Nwakoby lived at Lekki area of Lagos Island, Lagos State.
Mr. Olisa Nwakoby who has a 10-year- old daughter, took his own life because of an incriminating huge loan transaction he approved in his bank. Family Sources said that the late Olisa was the approving officer for the loan which the beneficiary was no longer servicing and the bank was breathing down the neck of Olisa to get the money back.
Fears over his integrity and the name of his family, which would be dented if his bank commenced action against him over the loan, was too much for the vibrant banker to bear, leading the estranged banker to shoot himself. His late father, Chief Patrick Oguejiofor Nwakoby was a former chairman of First Bank of Niger Plc, a successfully lawyer , politician and a highly respected community leader before his death.
Sources did not reveal the actual amount involved in the transaction, but simply said “it was huge.” The case is being handled by homicide detectives attached to Area J Command, Lekki/Ajah.
Mr. Olisa Nwakoby, on the day he killed himself, went to meet his pastor. He told the pastor to tell his wife to take good care of his children, that what he would do in next few minutes would shock everyone. He was said to have later blown his brains out.
“It was later discovered that he took money from the bank, N350million, and the money started creating problems for him. He killed himself.”
Olisa Nwakoby hails from Nkwelle Ezunaka in Oyi Local Government of Anambra State and he attended Abia State University, where he bagged a Bachelor of Science (BSc) degree, in Microbiology between 1990 and 1995.