This is what NATIONAL ENQUIRER BLOG is reporting ...
The dirty fraud is casting aspersion on the integrity of the Otunba Subomi Balogun owned First City Monument Bank-FCMB, a financial institution reputed to be the first ever indigenous merchant bank in Nigeria.
According to one of the anti-graft agency`s officials who confided in National Enquirer, the fraud might earn the management of FCMB a negative connotation, if the agency eventually found it culpable of the sharp practices being alleged by one of its customers, Mr. Segun, the CEO of Eri-Ere Investments Limited.