By Babajide Komolafe

The Nigeria Deposit Insurance Corporation, NDIC, has said that it did not close the bank accounts of Congress for Progressive Change, CPC.

In a statement  yesterday, the Corporation dismissed media reports claiming it had closed the accounts of CPC in Oceanic Bank and Enterprise Bank, saying it was only investigating the operations of the party’s accounts in the two banks based on a petition sent to it by four national officials of the party.

The Corporation said, “The correct position is that on August 22, 2011, the NDIC received a petition dated August 16, 2011, from the law firm of Aliyu Marama & Co. of 33, Lingu Crescent, off Aminu Kano Crescent, Wuse II, acting as Solicitor to Senator Rufa’i Sani Hanga, Alhaji Badmos Mutalif, Abdulwahab Adebajo Adeleke and Chief Denis Aghanya, the National Chairman, National Secretary, National Financial Secretary and National Publicity Secretary, respectively, of the CPC.

“The Petitioner alleged that the accounts of the CPC which their clients opened in 2010 at Mainstreet Bank Limited, UAC Building, First Bank Plc, Area 3, 2nd Branch, Garki and Oceanic Bank Plc, Maitama Branch, all in Abuja, were being operated by signatories other than their said clients and all their efforts to get the affected banks to explain their action had not been successful. They therefore appealed to the Corporation to intervene in the matter.

“Pursuant to its statutory powers as Supervisor of the affected banks, the Corporation dispatched its Examiners to investigate the complaint with a view to determining the appropriate measures to take to resolve the matter.

The NDIC Examiners visited the banks concerned on Monday, September 5, 2011 to commence investigation and their report is being finalized.”

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