A current Tsunami seems to have hit
the Managing Director of Ecobank,
Mr Jibrin Aku as his career and
marriage seems to be experiencing
serious volcanic eruption at the same time.
There are allegations that Mr Jibrin Aku has been using his position as Ecobank MD to bankroll the political activities of the All Progressives Congress (APC) because of his friendship ties with some certain people in the party.
It was alleged that Aku has been
making funds available in hundreds
of millions to the political party
which doesn’t seem to be helping the bank’s financial status at the
moment.
You will recall that Jibrin Aku was
the only Bank Md who took the riskto give former Gov Fayemi a 4b loan a month to his election and presently Gov fayose of Ekiti has refused to pay back the loan he believes was used to fund fayemi reelection bid and at the same time closing his eyes to give Aregbesola another 1b overdraft which the Osun Governor used to mop some of the salaries Arrears close to the October Election.
Report says there are incrimating
evidences that Aku has been
providing financial Aid to the
presidential campaign of Gen Buhari
and a petition has been sent to the
presidency and the Apex bank Cbn
and he reportedly spent the weekend
working on his contacts to help him
out.
In a related Development, Aku’s
Marriage is on the line as his
American based wife is said to have
realized late December that one of
Aku’s personal Aides, Sade does not
end her duties in the office but helps
to keep the brilliant banker warm
while she is ensuring that the
children are focused in school.
All hell has been let loosed and she
has been threatening fire and all that
the only thing that would spare the
marriage is for the husband to sack
the Aide or risk Divorce,our source
added that Oga Jibrin has been
worried this past few days as he
didn’t know how his funding of Apc
Activities became public knowledge
as he was hoping to go into full time
politics when he retires and he
harbored so much hope on Buhari
winning and he using his closeness
with the Apc guys as springboard to
get started.
Prior to his appointment was the
Executive Director in charge of
Treasury & Financial
Institutions.
Aku has over 26 years
experience in banking with 17 at
senior management levels. He holds
both BSc. and Masters Degrees in
Business Administration.
His banking career included key
positions in Capital markets, Foreign
Exchange, Treasury Management,
Operations and Technology. He had
previously worked for 16 years with
Citibank Nigeria and was Executive
Director Afribank Nigeria Plc
between June 2003 and December
2005.
Aku took over from Mr. Offong
Ambah, who has since been elevated to Group Executive Director, Ecobank Transnational Incorporated in charge of Ecobank Capital.
Ecobank Capital is responsible for overseeing all Ecobank Group treasury, investment banking and asset management businesses across the Ecobank Group’s 29 country network.
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