Police Confirm First Bank MD Received Parcel Containing Live Ammunition, Launch Investigation

By TrackNews Online

The Lagos State Police Command has confirmed that the Managing Director and Chief Executive Officer of First Bank of Nigeria, Mr. Oluwasegun Alebiosu, received a suspicious parcel containing two live rounds of ammunition at his residence in Ikoyi, Lagos, prompting an intensive security investigation.

Commissioner of Police, Mr. Tijani Fatai, disclosed the development on Tuesday during a press briefing at the command headquarters in Ikeja, where he highlighted key achievements recorded by the command over the past two weeks.

According to the police chief, the incident occurred on May 7, 2026, and was reported to the command by the First Bank MD shortly after the parcel was opened.

“There is a case like that we are presently investigating, and it happened precisely on the 7th of May, 2026,” Fatai said.

“The MD of First Bank reported that he received a parcel that was collected for him by his guard in his house, and after opening the parcel, he saw two live rounds of ammunition. The ammunition is precisely 7.2mm ammunition. The matter aroused serious concern, and we immediately commenced investigations.”

The Commissioner described the incident as a serious security concern and assured the public that detectives were working diligently to identify those responsible.

He revealed that while the complainant had expressed suspicions about certain individuals, no arrests had been made and investigations remained ongoing.

“Although the complainant mentioned some people he thinks were behind the act, that is his own suspicion anyway. I can assure you that our investigations will unravel those who are truly behind the matter,” he added.

The police boss urged members of the public to avoid speculation and allow investigators to complete their work, stressing that no individual or organisation has been officially linked to the incident at this stage.

Sources familiar with the matter disclosed that the package was delivered by a dispatch rider and received by security personnel at Alebiosu’s residence because it was addressed directly to him and marked “confidential.”

Upon opening the package, the First Bank chief reportedly discovered two live bullets concealed inside an envelope. The parcel allegedly contained no letter, note, or identifying information that could reveal the sender’s identity or motive.

The discovery immediately triggered security concerns within the bank and prompted management to notify the Lagos State Police Command and other relevant security agencies.

Sources within the financial institution suggested that the incident may have occurred amid ongoing reforms and operational restructuring within the bank, including aggressive efforts to recover outstanding loans from debtors.

A source close to the bank described the parcel as a possible act of intimidation directed at the bank’s leadership. However, investigators have not established any motive and have continued to explore all possible angles.

The Lagos State Police Command has assured that a thorough investigation is underway and pledged that anyone found responsible will be brought to justice.