UPDATE: Banks to seize debtors’ deposits for loan repayment

UPDATE: Banks to seize debtors’ deposits for loan repayment

To create N1trn new loans through LDR directive By Babajide Komolafe The Bankers Committee yesterday introduced a lending condition that empowers banks to seize and use bank deposit of debtors in any bank for loan repayment. Deputy Governor, Financial Sector Surveillance, CBN, Mrs Aisha Ahmad, disclosed this at a press conference after the Bankers Committee meeting […]
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Breaking: Court summons AGF, EFCC over ex-Gov Yari’s property

Breaking: Court summons AGF, EFCC over ex-Gov Yari’s property

 The Federal High Court, Abuja, Monday, summoned the Attorney General of the Federation (AGF) and the Economic and Financial Crimes Commission (EFCC) to appear before it over plans to seize the property of the immediate-past Governor of Zamfara, Mr Abdulaziz Yari.