Onasanya Refutes Allegations, Vows to Defend Fame

A former Group Managing Director of First Financial institution, Dr. Bisi Onasanya has dismissed allegations circulating on social media, suggesting his involvement in a purported business mortgage facility transaction controversy carried out 12 years in the past at First Financial institution.

In an announcement launched to the press over the weekend, Onasanya, who spoke by way of his Communication Advisor, Mr. Michael Osunnuyi, described the claims as baseless and an try and tarnish the stellar status of the famend retired banker and Chartered accountant.

“Our consideration has been drawn to allegations and cost sheet circulating on social media suggesting Dr. Bisi Onasanya’s involvement in a purported business mortgage controversy at First Financial institution 12 years in the past,” Osunnuyi mentioned.

“Whereas now we have persistently chosen to disregard such baseless assaults for over ten years, the rising concern expressed by household, buddies, and associates from throughout the globe compels us to handle these unfounded claims.”

The Communication Advisor mentioned that Dr. Onasanya served First Financial institution with dedication and integrity all through his illustrious profession.

“His stellar status of integrity, constructed over 4 a long time of impeccable skilled service, can’t and won’t be tarnished by these false allegations and incorrect fees,” the assertion famous.

Based on the assertion, the matter in query was investigated eight years in the past by the Financial and Monetary Crimes Fee, EFCC two years after Dr. Onasanya had voluntarily and meritoriously retired from the financial institution because the group managing director upon the completion of two phrases in workplace. Since then, Dr. Onasanya has not been contacted on this matter and has remained keen to help and cooperate with the legislation enforcement if required.

“What’s baffling,” the assertion continued, “is {that a} business transaction which occurred in 2013 and was completely investigated eight years in the past, the place Dr. Onasanya established his innocence and non-involvement within the business transaction controversy, has now resurfaced in 2025 within the type of felony prosecution. That is past his creativeness.”

It additionally famous that, to this point, Dr. Onasanya has not been served with any fees, summoned, or previously invited by any court docket or investigating company concerning these claims for the reason that matter was investigated and distributed eight years in the past.

Nonetheless, he acknowledged categorically that Dr. Onasanya is available anytime in Nigeria to have his day in court docket each time he’s summoned to defend his status and clear his title.

Osunnuyi additional identified that the allegations seem to comply with a deliberate sample yearly with an identical language and content material being disseminated throughout a number of media platforms. He urged the media to train warning and confirm data earlier than publication, stressing the intense implications of libel.

“We’ve observed a sample of an identical language and content material being circulated throughout varied media platforms, suggesting a deliberate try to govern public notion. It seems extra like a hatchet job by some unscrupulous folks to proceed to malign and tarnish the picture of Dr. Onasanya. We strongly enchantment to the media to confirm the data they disseminate and act responsibly,” Osunnuyi added.

“Since voluntarily leaving First Financial institution and the banking trade in 2015, he has endured and ignored incessant and unwarranted assaults on his individual,” Osunnuyi mentioned.

“These persistent efforts to malign his character are deeply regrettable and baseless.”

The assertion additionally clarified that Dr. Onasanya has by no means expressed curiosity through which individual or group of individuals in command of the management or possession of First Financial institution or every other monetary establishment, for that matter. As a substitute, he has moved on from banking and remained dedicated to creating a constructive influence in folks’s lives and different sectors of the financial system.

Dr. Onasanya expressed gratitude for the help of his household, buddies, and associates, whose perception in his integrity has been a supply of energy. He assured them that he stays targeted on upholding the values and rules which have outlined his profession and life over time and he would go away no stone unturned to defend his status and expose the reality no matter whose ox is gored.

“We’re assured that the reality will finally prevail and that justice shall be served. Dr. Onasanya stays dedicated to upholding his unblemished report and can proceed to cooperate absolutely inside the ambit of the legislation to clear his title,” the assertion concluded.