First Bank Executive Director, Dauda Lawal Arrested By EFCC

The Economic and Financial Crimes Commission (EFCC) have arrested Dauda Lawal, an Executive Director in charge of Public Affairs at the First Bank of Nigeria, for allegedly helping former Nigeria Petroleum Minister, Diezani Alison-Madueke, launder about $55million.

Mr. Lawal`s arrest and interrogation was confirmed by First bank in a terse statement.

According to the statement, “An Executive Director of FirstBank Mr. Dauda Lawal was invited by the EFCC to assist with the ongoing investigations into sums allegedly received from the former Minister of Petroleum, Diezani Allison-Madueke.  As a law abiding citizen, Mr. Lawal is cooperating fully with the authorities.

 FirstBank will issue an official statement on this matter in due course.”

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