Ayodele Olalere
Wema Bank Plc has reacted to reports of money laundering and bribery allegations against its member of staff and a certain bank customer saying the allegations are unfounded and have no basis.
The denial came following the judgment of a Lagos Magistrates Court, Ogba, Ikeja, presided by Magistrate A. O. Olayinka (Mrs), which, on March 15, struck out a N1.7 billion money laundering and bribery allegations charges against the Managing Director of Shibahwells Energy, Isaac Adewole, and a Wema Bank staff, Kingsley Ananwude for lack of merit.
In a statement signed by the bank’s Head of Corporate Communications, Funmilayo Falola, it stated that there are media reports accusing it’s staff and the customer of being involved in money laundering and bribery allegations on a certain customer’s transaction.
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“The bank wishes to state categorically that there is no merit in the article, and it is a malicious publication against members of our staff and the Bank’s customer,” the bank noted in a statement
It accused one Timi Popoola of peddling the allegations even after the court had exonerated the staff and the customer.
According to the bank, the defendants were also discharged, following a legal advice from the Office of the Director of Public Prosecution, DPP, Lagos State, insisting no prima facie case has been established against the defendants.
The bank urged the general public to ignore the false information being circulated, adding it has already engaged its solicitors to institute appropriate legal action.
