Home News Finance UK Court Arraigns Former First Bank Director for Bribery

UK Court Arraigns Former First Bank Director for Bribery

The arraignment is a result of an investigation by the National Crime Agency.

The agency believes Mr Adetunji violated his company’s code of conduct and section 2 of the Bribery Act of 2010 by accepting bribes, which included money and a vehicle from an undisclosed Nigerian businessman in the petroleum, oil, and gas industry also under investigation by the agency. He is believed to have done these while working for the FBN in the UK between 2011 and 2014.

Andy Darmody, who works in the NCA’s International Corruption Unit, warned individuals working in the regulated sectors about breaches of professional conduct and possible consequences. He also thanked FBN for their cooperation during the investigation.

A prosecutor from the Crown Prosecution Service, Andy Young, said, “It is extremely important that there is no reporting, commentary or sharing of information online which could in any way prejudice these proceedings.” He also stressed that although the CPS authorized the charges, their role is not to decide whether a person is guilty but to decide in fair, independent, and objective assessment if charges should be presented about the individual before a court.

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