Managing Director of First City Monument Bank, FCMB, Adam Nuhu, has opted to go on leave amid allegation of marital infidelity, CompassNG has learnt.

Nuru was accused of having an affair with Moyo Thomas, a former employee of the bank, who was married to late Tunde Thomas, before their separation in 2017.

A competent but anonymous source disclosed that “a panel is currently probing the allegation against the MD.”

In a statement issued on Wednesday, January 5, management of the bank revealed that the embattled MD has volunteered to proceed on leave to guarantee the sanctity of the review process.

The statement reads, “We are aware of several stories circulating across several media platforms about our bank’s Managing Director, Adam Nuru, a former employee, Mrs Moyo Thomas and her deceased husband, Mr Tunde Thomas.

“While this is a personal matter, the tragedy of the death of Mr Tunde Thomas and the allegations of unethical conduct require the bank’s board to conduct a review of what transpired, any violations of our code of ethics and the adequacy of this code of ethics. This is already under way.

“During the period of the review, the Managing Director has volunteered to proceed on leave. This will guarantee the sanctity of the review process.

“We enjoin all our stakeholders to bear with us as we conduct this review and to please respect the various families involved.”


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