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Bank Manager Who Committed Suicide At Catholic Church In Lekki Lagos Battled Depression – FCMB

bank manager suicide lekki lagos

August 1st, 2016 – FCMB Speaks On Bank Manager Who Committed Suicide At Catholic Church In Lekki Lagos

Bank Manager Who Committed Suicide At Catholic Church In Lekki Lagos Battled Depression – First City Monument  Bank

More details have emerged on the shocking death of a bank manager in Lekki Lagos last week.

The victim identified as Olisa Nwakoby reportedly blew his own brain out over a bad debt.

The Microbiology graduate working as a bank manager at First City Monument Bank Plc in Lagos reportedly approved a N350 million loan to a bank customer who refused to pay the money.

First City reportedly ordered the 44-year-old deceased to pay back the money after the bank customer refused to service the loan.

According to the bank, Nwakoby fell under pressure and took his own life around 9:45am this past Friday.

Here is a statement from the bank

His corpse is currently at the hospital awaiting autopsy.



  1. Metu Nyetu

    August 1, 2016 at 1:01 PM

    Not aware of any loan? Nawa for this unnecessary denial. I am beginning to think that the bank is feeling guilty about all this. But who blames them? They are there for business, and I don’t think that telling the manager to source for that money is out of propriety. I would say they all knew what the man was going through, yet kept on with whatever threat they had laid against him. They have to recover their money, and that is justified.

    But what baffles me is how a bank could issue such a huge loan to an untraceable man. It is confusing when the bank should have been talking about foreclosure on the assets of the customer who had taken the loan, they are rather on the neck of a member of their staff. Or was the manager who had taken that loan? I am sensing some unconventional practice here. Who knows what details they are not feeding us with?

    Anyway, may God comfort the man’s survivors!

    On another note, is there any law that mandates an autopsy to be carried on corpses or what? What righteousness do they intend to fulfill by subjecting the body to that forensic examination? All my life, I had thought that the essence of autopsy was to determine the cause of death. And so, are we guessing the cause of death in this case? Or is the hospital trying make sure that more money is spent by the man’s family in the course of this sad event?
    ….thinking out aloud!!!!

    • RAPO

      August 1, 2016 at 3:21 PM


  2. Duru James

    August 1, 2016 at 1:09 PM

    I sense the poor banker was jazzed
    but what is a microbiologist doing in a bank

  3. sola olaniyi

    August 1, 2016 at 2:08 PM

    bank job no easy o

  4. Maryf

    August 1, 2016 at 2:55 PM

    All these yeye banks all over in this country, I can never be your victim, once you borrow from bank, its thesame thing as borrowing from shrine. They don’t know how to demand debt. I sorry for the man. RIP

  5. huchennar

    August 1, 2016 at 6:18 PM

    i still don’t know what kind of loan that lead this man to pull the trigger on himself

  6. fifelomo

    August 1, 2016 at 7:26 PM

    Very bad decision. Rip man.

  7. ocpeace

    August 2, 2016 at 8:51 AM

    please the reason adduced as why the victim took his own life is false and impossible, to give a loan of 350m must attract over 250% collateral of such amount. to claim that the customer refused to pay his debt is unfounded and irresponsible on the banker side. unless he compromise the loan condition.

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