![First Bank employee on the run after diverting ₦40 billion; bank begins recovery First Bank employee on the run after diverting ₦40 billion; bank begins recovery](https://histoky.com/wp-content/uploads/2024/06/first-bank-employee-on-the-run-after-diverting-e282a640-billion-bank-begins-recovery.jpg)
First Bank employee on the run after diverting ₦40 billion; bank begins recovery
First Bank, a Nigerian bank with a market capitalisation of ₦829 billion has begun legal action to recover “huge sums of money” allegedly diverted by an employee at a head office team in Iganmu, Lagos. The employee, now on the run, allegedly diverted those funds to 98 bank accounts classified as first beneficiaries, including his…