The First City Monument Bank (FCMB) has debunked the news making the rounds that the alleged N573 million found in the account of Emmanuel Omale, the founder of Divine Hand of God Prophetic Ministries was wrongly posted.
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Stories had circulated in the media that the Chief Executive Officer of the bank, Adam Nuru, had allegedly said on Thursday while giving evidence before the Presidential Investigative Panel probing Ibrahim Magu, the suspended acting chairman of Economic Financial Crimes Commission (EFCC) that the alleged N573 million was wrongly posted to the account of the prophet.
However, FCMB on its Twitter handle said the media report is incorrect, there was no such mistaken transfer
“Our attention has been drawn to widely circulating stories incorrectly stating that our Managing Director, during a recent presidential hearing in Abuja, testified that …the bank mistakenly transferred N573m to the account of a church and the said error was not discovered for 4 years.
“We feel it is in the public interest to state emphatically that there was no transfer of N573m into this account, mistakenly or otherwise.”
FCMB further gave clarification as to what exactly happened in respect of the prophet’s account and what it’s Managing Director told the presidential panel.
It said “during a maintenance upgrade of our systems in 2016, a defective file led to the aggregation of multiple unrelated entries into a single balance under the affected customer’s name in one of our reports.
“This aggregation occurred only in the weekly automated report to the Nigerian Financial Intelligence Unit. It had no effect on any customer account balance or statements and therefore was not immediately identified.
“Our Managing Director clarified to the Presidential panel that the system generated report was incorrect and that there was no mistaken transfer of N573 million. He also submitted comprehensive documentary evidence to this effect.”
The bank said the comment of its Managing Director might have been misconstrued and therefore find it important to emphatically clarify the position that there was no mistaken transfer whatsoever, as stated above.
“FCMB continues to fully cooperate with the panel, and has been entirely transparent in its reporting. We remain committed to ethical and professional conduct at all times.” the bank concluded
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