The turnout of things lately has simply indicated that troubled times are yet to be over for Henry Semeniteri, husband of Ibim Smenitari, a former Commissioner for information under former Rivers State governor, Rotimi Amaechi.
Recall the drama that played out recently when Governor Nyesom Wike impounded a bullet proof SUV which he accused Henry’s wife, Ibim of stealing from Government house. Ibim who denied the allegation insisted that the SUV was for her husband, Henry the Managing Director of one of Nigeria’s financial institution with fraudulent track record, Unity Bank.
Henry Semeniteri according to e-NIGERIA! investigations is at the moment fighting the battle of his banking career as he has been sent packing as the boss of the Bank. But the process of his sack is coated in a garb of compulsory leave by the board of the bank. Semenitari whose ten-day compulsory leave has elapsed few days ago has had his stay at home order further extended “to allow for time to investigate allegations against him by some staff of the bank.”
Trouble began for Henry when some staffers of the troubled Bank petitioned the board of the Bank on his financial recklessness. An investigation supervised by the Chairman of the bank, Mr. Thomas Etuh had since begun with Forensic auditors on board.
And at the end of the initial forensic audit of the allegations leveled against Semenitari, “some cases of discrepancies” were discovered in the running of the bank, thus prompting the board of the bank to force him to vacate the MD seat to allow for more detailed investigation of the allegations, some of the allegations against Semenitari included spending of about N100 million on bullet proof vehicles, payment of productivity bonus allowances to some workers and indiscriminate sack of workers without recourse to the board of directors.
The development is said to have sent shivers to the spine of key investors in the bank who are worried about their investments. A source in the bank said, with the way things are going, Henry Semenitari may have also lost the exalted position as the board has already appointed Aisha Azumi Abraham as Acting Managing Director/CEO of Unity Bank Plc pending the resolution of the crisis…Meanwhile, all efforts to get the bank’s side of the story proved abortive as efforts to get the bank’s Corporate Affairs person on her Glo line met brick walls (phone switched off). More details coming soon.