Heritage Bank Suspends Alibaba’s Wife Indefinitely Over Financial Mismanagement

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Heritage Bank Suspends Alibaba’s Wife
Indefinitely Over Financial Mismanagement

Heritage Bank, a bank in Nigeria has suspended one of its executive directors Mary Akpobome indefinitely who is the wife of veteran comedian Alibaba.

Mrs. Mary was suspended indefinitely in order for her to go and recover the loans she had signed off as the bank continues to struggle from insider abuse and self-dealing. The bank has been in distress since 2016.

Several bank sources told Saharareporters that Mrs. Akpobome and powerful bank management were abusing their positions and engaging in fraud. But today, Mrs. Akpobome and an unnamed account officer were sent packing leading her to clear her desk because she anticipates that the task was so impossible she may not return to the bank.

The bank management initially refused to touch the powerful executive directors, preferring to go after staff members suspected of revealing the bank’s problems.

It is learned that the bank Managing Director, Ifie Sekibo has not been to work since January, and was reported to be ill. Some of the sources within the bank, however, said his prolonged absence might have been to enable Mrs. Akpobome to be thrown under the bus as investors’ confidence has waned over the lack of action concerning top management staff fingered in fraudulent transactions.

It would be recalled that only last week, an Abuja company petitioned the Federal High Court and the Central Bank of Nigeria to liquidate the bank on account of its inability to meet customers’ demands.

Geonel Integrated Services Limited, a security services company, cited its own experience, claiming it has over N1.8billion and another $85,859 trapped in various Heritage Bank accounts.

Alibaba has responded to the issue. In an Instagram post, he shared a picture of the bank and captioned it ‘Thank you to all who showed concern about the story concerning my wife. Let’s wait to hear the bank’s position’.

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