LEAKED VIDEO: Fidelity Bank CEO Onyeali‑Ikpe admits paying ₦5 Billion to avoid Police Detention

Video footage of Fidelity Bank Plc’s managing director confessing to paying a huge sum of money to avoid police detention has surfaced online, entangling the company in yet another ugly scandal.

In the leaked tape that ZINGTIE was able to view, Dr. Nneka C. Onyeali-Ikpe, the managing director of Fidelity Bank, admitted that she had paid ₦5 billion to be released from police custody in the midst of a fraud investigation worth billions of naira.

In the video, Dr. Onyeali Ikpe is seen conversing with Uba, a longtime client who has held an account with the bank since 2003.

Uba had stated that all of his contact information was lost and that his account was suspended. “including my phone number and email” deactivated without warning. “I thought it was important to get your number as the Managing Director,” he told her. “I no longer have access to my account.”

Dr. Onyeali-Ikpe responded by confirming the bank’s legal troubles and her own narrow escape from jail.

“I was almost arrested — I had to bail myself out. Our staff spent nights in police custody because of this issue. I even had to spend ₦5 billion to secure bail and defend the bank,” she said. She added that the bank had given Uba “a 14‑day deadline to return to the country so we could resolve the matter,” but received no reply.

After Uba asked for clarification, Dr. Onyeali-Ikpe came to the conclusion, “We’re now being charged with conspiracy and misappropriation—things we know nothing about. It’s not fair to the bank either.”

The disclosures take place in the context of Charge No. FHC/L/138C/2025, which was submitted to the Federal High Court in Lagos in February 2025. Lawyer Victor Ukutt, Fidelity Bank Plc, Dr. Onyeali Ikpe, and Whoba Ugwunna Ogo (at large) are the four defendants being prosecuted by the Federal Republic of Nigeria for allegedly plotting to convert ₦19 billion that belonged to Woobs Resources Limited.

In an updated 10-count accusation issued on May 5, 2025, Dr. Onyeali Ikpe was dropped from the indictment after initially being charged in three charges under the Money Laundering (Prohibition) Act. Safiya Whoba was used in place of her name. Victor Ukutt, Esq., Fidelity Bank Plc, Whoba Ugwunna Ogo, and Safiya Whoba are the current defendants in the case, ranking first through fourth, respectively.

She “was neither the account officer nor the Managing Director of Fidelity Bank when the account in question was opened,” according to a later explanation from the Attorney General’s office as to why she was removed.

In a previous counter-affidavit, Fidelity Bank and Dr. Onyeali-Ikpe claimed that the complainants had previously agreed with the bank “not to initiate or make any complaint to law enforcement agents”; they claim that the prosecution has now “breached this agreement to its detriment.”

Listen to the audio below

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