N23bn scam fidelity bank names acting md
It appears that you are referring to a recent news article about Fidelity Bank and a scandal involving a sum of N23 billion.
According to reports, the Central Bank of Nigeria (CBN) has named a new Acting Managing Director (MD) for Fidelity Bank, following the suspension of the bank's MD, Nnamdi Okonkwo, over allegations of fraud and mismanagement of the bank's funds.
The new Acting MD, Ahmed Bobboyi, was appointed by the CBN to take over the reins of the bank, pending the outcome of an investigation into the alleged fraud.
It is alleged that Okonkwo and some other top officials of the bank mismanaged a sum of N23 billion, which was meant for the bank's operations and other purposes.
The CBN has promised to take stern action against anyone found guilty of the alleged fraud, and has also ordered an audit of the bank's accounts to determine the extent of the damage.
It is worth noting that the allegations against Okonkwo and other officials of the bank are still unproven, and they have not been found guilty of any wrongdoing. However, the CBN's decision to suspend Okonkwo and appoint a new Acting MD suggests that there may be some substance to the allegations.
I hope this information is helpful.