This are not good times for Funke Osibodu Managing Director of Union bank as she is being heavily Investigated over a Missing 8billion that developed wings between her office and office of the Sec Dg.
Naija Hottestgist source inside Efcc disclosed to us that the commission is also going to probe into the missing N8 billion arising from the Union Bank Plc public offer, which the report said was a case of fraudulent diversion having been established.
The ad hoc committee in its report had recommended that “the past board and management of Union Bank Plc, the CEO of the Issuing House/ Financial Adviser to the Offer, the present members of the Board and Management, including the outgoing Managing Director of Union Bank Plc, Mrs. Funke Osibodu, should be investigated by the EFCC with a view to establishing and recovering the missing amount.
We hear since she got wind of the development she has been a constant vistor to Efcc Chairman Mr Lemorde Abuja home and She was banking on her Husband good close relationship with the then National Security Adviser Mr Azazi to get her off the hook,Those who have seen her her in rescent times says she has lose weight and is very worried.