Board of the First City Monument Bank (FCMB) Limited, on Tuesday, sent its Managing Director, Adam Nuru, on compulsory leave to enable the bank to probe the paternity allegations against him.
This was contained in a statement issued Tuesday by the bank.
Although the bank said in the statement that Nuru volunteered to go on leave, there were reports the FCMB board actually pressured him to step aside from the organisation for now.
The statement read: “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. During the period of the review, the managing director has volunteered to proceed on leave. This will guarantee the sanctity of the review process.
“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.”
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