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Retraction of our report on Mrs. Ololade Ogungbenro



Our attention has been drawn to a report published in our online edition of 4th March 2021, with the headline: “Wema Bank: As CEO, others swim in money laundering scandal, HR Officer allegedly enslaves junior

In the report which was earlier published by another online newspaper, it was alleged that Mrs. Ololade Ogungbenro uses her office as head of Human Capital Management Department of Wema Bank Plc to harass or abuse co-employees, which has caused resignation of several Wema Bank employees.

It was also alleged that Mrs. Ololade Ogungbenro verbally abused a co-employee on 24 February 2021 which led to hospitalization of the co-employee.

We have since discovered these parts of the report to be untrue and we realise our error.

We apologize for any embarrassment the error might have caused Mrs. Ololade Ogungbenro, friends and family.


Signed: Management