Former Chief Executive Officer of Oceanic Bank, Mrs. Cecilia Ibru was intercepted and arrested at the Lagos Murtala Mohammed International Airport on her way out of the country by State Security Service [SSS] who in turn handed her over to the EFCC. She is presently detained at the Okotie Eboh Road office of the Banking Fraud Unit of the EFCC in Ikoyi, Lagos.

The EFCC spokesman, Femi Babafemi, said other bank chiefs who turned up at the commission's office were Bartholomew Ebong of Union Bank, Okey Nwosu of Finbank.

The bank executives who were Managing Directors in subsidiary institutions of the five ailing commercial banks were also arrested in Lagos and are currently in detention at the Ikoyi office of the EFCC.




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