Zenith Bank Plc has denied the alleged arrest of its Group Managing Director/Chief Executive Officer, Dr. Ebenezer Onyeagwu, by the Economic and Financial Crimes Commission over the alleged fraud by the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and her predecessor, Sadiya Farouq.
The lender was reportedly named as one of the banks that their MDs/CEOs were summoned in connection with the alleged N585m fraud linked to the embattled minister, Edu, and another N37.1bn allegedly laundered under Farouq.