Bank manager kills himself over N350million loan

Olisa Nwakobi

According to reports, a Lagos-based banker

Olisa Nwakobi has reportedly committed

suicide following a bad loan decision he

made at work.

Olisa, an First City Monument Bank (FCMB) Plc

manager, reportedly shot himself dead in

the presence of his priest in Lekki, Lagos

state on Friday, July 29, after telling the

priest to tell his wife to take care of

their children.

Olisa whose late father Chief Patrick

Oguejiofor Nwakobi, was also a former

chairman of the First Bank of Nigeria Plc,

allegedly took his life because he was

under pressure to recover a loan of

N350million which he had approved for a

beneficiary.

Olisa reportedly felt like his family name

and integrity would be tainted if the bank

took a decision against him because of the

loan. His father was a successful lawyer,

politician and highly respected member of

their Nkwelle Ezunaka, Anambra state

community.

Homicide detectives at the Area J command,

Lekki/Ajah, are reportedly handling the case.

RIP to him.