Pulse.ng logo

Remote Control 'Money could not have led Olisa to commit suicide' - Family member‎

A close member of the family of the FCMB manager who committed suicide said he could not have killed himself because he owed the bank money.

  • Published: , Refreshed:
The late Olisa Nwakoby was said to be depressed and frustrated play

The late Olisa Nwakoby was said to be depressed and frustrated


Close relatives of the FCMB Plc manager, Olisa Nwakoby, who allegedly committed suicide on Friday, July 29, in the Lekki Peninsula area of Lagos State, may not have killed himself over money issues because he is from a very rich family and the money he was reported to be owing the bank is chicken feed to his family.

Also Read: "Depression: Bank give reasons manager committed suicide"

A close family member who spoke to Pulse on the condition of anonymity said , the N350 million debt that was hanging on his neck could not have been the cause of the suicide because the family has enough property and houses both in Nigeria and in Europe, that they could have sold and paid back the debt.

"Olisa was depressed all right but I can tell you that the N350 million loan debt that people are saying could have led him to commit suicide is far from the truth.

Those who know the Nwakoby family will know that they are very rich with choice properties in Lekki, Ikoyi, Victoria Island and in Europe.

Something must have triggered the suicide and not the money because the family had been making plans to sell one or two houses to raise the money to pay back the loan."

Also Read: "Depression: Retired Army Captain commits suicide by hanging in Calabar"

"In fact, one of his brothers could bring out the money without stress, so that could not have been the reason Olisa killed himself. There is more than meets the eyes," the family member concluded.

Do you ever witness news or have a story that should be featured on Pulse Nigeria?
Submit your stories, pictures and videos to us now via WhatsApp: +2349055172167, Social Media @pulsenigeria247: #PulseEyewitness & DM or Email: eyewitness@pulse.ng. More information here.