Zenith Bank Issues Press Release Denying Involvement Funding Ekiti State Election

Zenith Bank Plc issued the following press release about the recent scandal involving their Branch Manager and the Ekiti State Government;

• Zenith Bank claims that the EFCC wrote the bank during the course of their investigation and asked that they close the account.
• Zenith Bank claimed that they did not fund any election in Ekiti State
• The bank also claimed that it does not hold any “Business Account” of Ekiti State
• We analysed the possible impact of the scandal on the bank’s share price here
• See the press release below;

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