Reports from EFCC in Lagos confirm that Access Bank Managing Director, Herbert Wigwe was today arrested by officials of the Commission who stormed the Lagos Headquarters of the new generation bank.


Wigwe would be the third head of a bank to be arrested in less than two weeks with the first being the head of Fidelity Bank who has since been sacked by the bank and replaced.

Wigwe is being quizzed over his involvement in the 115Million Dollar oil money collected for payment to electoral officers as well as his role in some oil deals involving one Angela Omokore who was formerly a director in Access Bank. From available reports, Wigwe would cool his heels at the EFCC cell till Monday