Presidency recovers N118m from banks - Daily Post Nigeria

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Presidency recovers N118m from banks

The panel’s Head, Media and Communication, Ms Lucie-Ann Laha made this known in a press statement in Abuja on Tuesday.

“The panel refrains from naming the banks in question, in order to prevent panic among their customers,” he said. This, Laha said, was with a view to establishing whether or not such accounts had been subjected to arbitrary or excessive charges, interest shortfalls, accrued interests or other illegal dealings.

“The banks however, disagreed with the figures quoted by the panel’s auditors, following which the panel and the banks held joint accounts reconciliation meetings.“It was also agreed that the second bank will refund N77,048,825 in three installments from May to July 2019.

 

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This is a laudable move. However they should also beam search light on UnityBankPlc Area3 Branch Abuja. Wic is yet to remit some govt funds to TSA cenbank FINANCEGOVNG take note.

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