Business First Bank Reacts To Court Order On $153.3m ‘Diezani Fund’

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First Bank of Nigeria plc on Saturday has denied involvement in the distribution of former Nigerian petroleum minister, Diezani Alison-Madueke's $153.3 million.

Babatunde Lasaki, the Spokesperson of First Bank Plc, said the bank was not directly involved in the transaction.

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“We’ve said this thing before now that the transaction regarding Diezani and Mr. (Dauda) Lawal was in his personal capacity, and the money was not a First Bank transaction,” Mr. Lasaki told Premium Times.

Mr. Lawal had denied the allegations against him, maintaining that his relationship with the former minister was purely a professional one.

“This allegation is malicious and without substance in any material particular.”
 
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