Former First Bank Director, Adetunji Fadahunsi-Jones arraigned for bribery in UK court

• The NCA alleges that he accepted bribes, including money and a vehicle, during his tenure at FBN (UK), turning a blind eye to the account holder’s misconduct
  

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Formerly serving as the Director of Corporate Banking at First Bank of Nigeria, Adetunji Fadahunsi-Jones faces allegations of bribery in the United Kingdom.

His arraignment follows an investigation by the National Crime Agency (NCA). Adetunji, aged 45 and residing in Hertfordshire, was responsible for the bank’s dealings with a prominent figure in Nigeria’s oil, gas, and petroleum sector—a person also under the NCA’s scrutiny.

Fadahunsi-Jones appeared in Westminster Magistrates Court today (18 December) for the first time. The NCA alleges that he accepted bribes, including money and a vehicle, during his tenure at FBN (UK), turning a blind eye to the account holder’s misconduct. Such actions contravened his professional obligations, the company’s code of conduct, and Section 2 of the Bribery Act of 2010.

Andy Darmody from the NCA’s International Corruption Unit highlighted, “These charges serve as a stark reminder to those in regulated sectors that breaching professional responsibilities carries serious repercussions. Recent cases of bribery and corruption unveiled by the NCA underscore the UK’s committed approach to combatting this prevalent criminal behavior.”

We are grateful for the cooperation of the private sector, in particular for First Bank of Nigeria’s support in investigating this case.”

Andy Young, from the Crown Prosecution Service, said: “Specialist economic crime lawyers in the CPS authorised a charge against Adetunji Fadahunsi-Jones related to bribery between 2011 and 2014. The role of the CPS is not to decide whether a person is guilty, but to make fair, independent and objective assessments about whether it is appropriate to present charges for a court to consider.

“It is extremely important that there should be no reporting, commentary or sharing of information online which could in any way prejudice these proceedings.”