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Banker Shoots Self In The Head (Read Why)

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Olisa Nwakoby, who committed suicide on Friday in front of Our Lady Star of the Sea Catholic Church in Lekki, Lagos State, had personal challenges which led to frustration,FCMB officials has alleged.

The bank, however, noted that neither the management nor colleagues of the deceased were aware of the challenges, adding that it was working with Nwakoby’s family and the police to unravel the nature of the challenges.

Forty-four-year-old Nwakoby, said to be the manager of the bank’s branch in Lekki, shot himself in the head over a bad debt estimated at N350m on Friday.

The deceased was said to have given out the sum 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.

But the Acting Group Head, Communications and Brand Management of the FCMB, Lola Egboh, who spoke with our correspondent on the telephone on Sunday, said the suicide had nothing to do with the bank, adding that she did not have the knowledge of any loan.

Egboh, who described Nwakoby’s death as shocking, said the bank would have come to his aid if it was aware that he had emotional challenges.

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