The Managing Director of First City Monument Bank, Adam Nuru, has been sent on compulsory leave while the bank investigates allegations of sexual misconduct against him.
Nuru has been accused of engaging in an inappropriate relationship with one of his subordinates, Moyo Thomas, which friends and family claim led to the death of her husband, Tunde Thomas.
According to the various reports, the affair also resulted in two children which Moyo led Tunde to believe were his until three years ago when she relocated to the United States and called from there to inform Tunde that the children actually belonged to her former boss, Nuru.
The bank, in a statement on Tuesday said, “We are aware of several stories circulating across several media platforms about our bank’s Managing Director Adam Nuru, a former employee Mrs Moyo Thomas and her deceased husband, Mr Tunde Thomas.
“While this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of this code of ethics. This is already under way.”
The statement signed by its management said, “during the period of the review, the Managing Director has volunteered to proceed on leave. This will guarantee the sanctity of the review process.
“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.”