EFCC raids Access, Sterling Banks, interrogates MDs

Operatives of Economic and Financial Crimes Commission (EFCC) yesterday reportedly arrested the Managing Director of Access Bank Plc, Mr. Herbert Wigwe, in Lagos.

The commission’s agents had earlier visited the offices of Sterling Bank Plc in Lagos in search of some documents.

A source said its Managing Director, Mr. Yemi Adeola, was picked up for questioning.

The reasons for his arrests remain unknown and it was not clear at press time if the banks executives were being detained by the anti-graft agency.