Why Branch Manager Killed Himself – FCMB

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By Esther Okafor First City Monument Bank Plc has said why a Lekki branch Manager of the bank committed suicide on Friday. The Acting Group Head, Communications and Brand Management of the FCMB, Lola Egboh, who spoke with Punch said: “It is rather unfortunate that the incident happened. Mr. Nwakoby was a member of staff of the FCMB. We are not aware that he was facing personal challenges, which led to the incident. As a bank that caters to the well-being of its workers, we have counsellors who could have helped him. This came as a surprise to us as it was to the public. It is such a trying time for the family; we have been in touch with them. There is a lot of speculations going on at the moment, a lot of them unfounded. “We are working closely with security operatives and his family to understand what could have led to the personal challenges. I am not aware of any loan. I can’t comment on speculations.” The 44-year-old, Olisa Nwakaboy was said to have shot himself dead in front of Our Lady Star of the Sea Catholic Church in Lekki, Lagos State. Nwakboy had given out the sum Of N350m as loan to a bank customer, who allegedly failed to service the loan. He was reportedly under pressure from the bank’s management to repay the loan and became frustrated as he could not meet the demand. The Lagos State Police Spokesman, Dolapo Badmos, said a pistol and live cartridges were recovered from the scene, adding that Nwakoby corpse had been deposited at the Lagos Island Hospital’s morgue for autopsy. She said, investigation is ongoing.”  
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