A manager with First City Monument Bank, Olisa Nwakoby, has shot himself to death.
Nwakoby was said to have killed himself on Friday in the presence of his pastor in the Lekki area of Lagos State.
He was said to be the father of a 10-year-old girl.
He was said to have decided to kill himself over a toxic loan he approved for an unnamed customer.
New Telegraph said it learnt that the loan was about N350 million.
The beneficiary has been unable to pay, hence the bank turned to Nwakoby to pay both the principal and interest on the money.
Nwakoby, a graduate of Abia State University, was said to be scared to the soiling of his family name in case the story goes awry.
He was said to have intimated his pastor of the development and what he intended doing and went ahead to kill himself.
The father of the FCMB manager, late Chief Oguejiofor Nwakoby, was a former Chairman of First Bank of Nigeria Plc.
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