The last may not have been heard of the many corrupt financial practices of Sterling Bank and its management as well as their desperate bid to cover up their traces, this medium has learnt. Known to be financially down and likely to sink anytime, sources within the bank alleged that the only thing keeping the notorious bank afloat is money laundered for top politicians and businessmen by them.
Juliet Mowarin who was unarguably the biggest girl in the bank has thrown in her resignation letter on advice by the bank, we gathered. According to very familiar sources, Julie as she’s fondly called resigned from the bank last month. While in the bank and with connivance from the top, she was allegedly the queen of laundering for a top Delta State politician, which has earned her many petitions on the table of the Economic and Financial Crimes Commission (EFCC) who have been on her trail. In one of the bank nefarious activities, they allegedly aided her to move N2 billion from one account to another in less than 24 hours. Until her resignation, she was the regional manager, working in Main Market, Warri Branch. From the proceeds of crime made in Sterling Bank, she owns a hanging duplex which is first in Nigeria, as well as multibillion properties splashed all over the country. While she reigned in the bank, she allegedly got cover from the management to travel to the US on frivolous excuses of leave allowances just to make her evade the EFCC who had invited her severally to appear before the commission. The bank however coverup that she’s on leave, as exposing her will be detrimental to the bank.
A known source confided in us that just like Diezani Alison-Madueke, Julie will soon abscond to the US to avoid her probe which will lead to may heads rolling in the bank. “They are currently making move to grant her permanent residency there using the bank”, the source alleged. Our mail sent to the bank on this matter was not responded to as at press time.