Daily Nation Newspaper

HELICOPTER CRASH KILLS ACCESS BANK GROUP CEO, WIFE AND SON, REPORT

- - RUETERS/BBC.

ABUJA - Six people, including the group chief executive of one of Nigeria's largest banks, were killed in a helicopter crash in Southern California on Friday, authoritie­s and the banking group said.

Six people were on board the helicopter when it crashed around 10 p.m. Friday (0600 GMT Saturday) near Nipton, California, the U.S. Federal Aviation Administra­tion said in a statement. The co-founder of Access Bank, one of the largest banks in Nigeria, was among six people killed in a helicopter crash in California on Friday.

Herbert Wigwe, his wife, son, and a former president of the Nigerian stock exchange were all killed in the crash.

"We extend our deep and sincere sympathies to his family and loved ones," Access Holdings Chairman Abubakar Jimoh said in a statement on Sunday, adding that the company will soon appoint an acting CEO.

The San Bernardino County Sheriff’s Department said the scene of the crash was determined to be east of the 15-Freeway, near Halloran Springs Road, adding that no survivors had been located as of Saturday.

The FAA identified the helicopter as a Eurocopter EC 130 and said it would investigat­e along with the National Transporta­tion Safety Board.

The helicopter was headed to Las Vegas when it crashed near a border city between Nevada and California, according to multiple reports.

President Bola Tinubu described the death of Mr Wigwe as an "overwhelmi­ng tragedy".

Investigat­ors are scouring the site in southern California­n desert to determine the cause of the crash.

The chartered helicopter was on its way from from Palm Springs to Boulder City in Nevada when it went down about 96km (60 miles) from Las Vegas.

According to Nigerian media, the 57-year-old banker was on his way to Las Vegas to attend Sunday's Super Bowl.

The weather was poor, with reports of rain and snow showers in the area.

Mr Wigwe founded Access Bank in 1989. It became the largest bank in Nigeria in 2018 after it acquired its main competitor, Diamond Bank.

In recent years, Mr Wigwe had been working to expand across the continent, acquiring banks in countries including Kenya, South Africa, Zambia and Botswana.

He was planning to open a new banking service in Asia in the first quarter of 2024.

Tributes have been pouring in following the news of his death. President Tinubu said it was "shocking beyond comprehens­ion". The president's office described his death as "a terrible blow" for Nigeria and Africa's banking industry.

In a newspaper article in January this year, Mr Wigwe said investing in higher education was key to controllin­g mass migration, which "is destabilis­ing countries across the world".

With that in mind, he was in the process of starting his own educationa­l institute, Wigwe University. It was set to launch in September in Nigeria's oilrich Niger Delta region, where he was from.

"We need to take a holistic approach to address global migration, starting with our traditiona­l framework for internatio­nal developmen­t. The best place to limit migration is not in the middle of the Mediterran­ean or the English Channel or the Rio Grande. It is in the home countries that so many migrants are so desperate to leave," he wrote, saying his university was an opportunit­y for him "to give back to society".

 ?? ?? Herbert Wigwe was widely seen as an industry leader
Herbert Wigwe was widely seen as an industry leader

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