July 31, 2016

TRAGIC | Lagos big boy, Olisa Nwakoby, shoots himself dead over N350m debt

Money pressure is one serious matter everyone should try and stay away from, to avoid troubles. The manager of an FCMB bank branch, Mr. Olisa Nwakoby on Friday evening shot himself dead in the presence of his Priest at the Lekki area of Lagos.

The Lagos big boy, who is father of a 10yrs old daughter, was said to have taken his own life because of an incriminating huge loan transaction he approved in his bank for a deal.

Sources close to the family told Telegraph that Olisa was the approving officer for the loan which the beneficiary is no longer servicing and the bank was on the neck of Olisa to get the money back.

His late dad, Chief Patrick Oguejiofor Nwakoby was a former chairman of First Bank of Niger Plc, a successful lawyer, politician and a highly respected community leader before his death.

Fear over his integrity and the name of his family, which could be dented if his bank commences action against him over the loan was too much for Olisa to bear prompting him to shoot himself.

The source could not tell if there was suspicion of any foul play in the death of the banker, she also could not confirm the actual amount involved in the transaction, but she simply said “it was huge.”

The case is being handled by homicide detectives attached to Area J Command, Lekki/Ajah.

According to a police source, the banker, on the fateful day he killed himself, went to meet his pastor. He told the pastor to tell his wife to take good care of his children, that what he would do in next few minutes would shock everyone. He was said to have later blown his brains out.

The source continued, “It was later discovered that he took money from the bank, N350million, and the money started creating problems for him. He killed himself.”

Olisa hails from Nkwelle Ezunaka in Oyi, Anambra State and attended Abia State University, where he bagged a Bachelor of Science (BSc) degree in Microbiology between 1990 and 1995.

Probably he took the cash illegally for the deal with those he gave, but things didn't work as planned. It's unfortunate that this development will change the course of his wife and daughter's lives. Sad!


inumidun said...

So saddening..

Anonymous said...

Big boy in did. RIP

Dididjon Paul said...

Sad news , that's why working in the bank is so riskful.

Ay360 said...

He killed himslf does dat write off d debt? He has succeeded in putting his wife in more trouble

samaila sulaiman said...

How sad

olutoscene1 said...

Jesus Christ! The guy no get sense jor! he jst collapsed d world for his wife.

#Olu, can you see?

maryam sadisu said...

But y? This story is heartbreaking! Now his family will have to face the consequences.

mummy twins said...


SPACO said...

This is so sad, he wouldn't have done that, instead go to jail.

Jeff Kingsley Jr said...

very sad

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