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Nigeria: Kogi Savings And Loans Gets New Order
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Daily Trust (Abuja)
4 July 2008
Posted to the web 4 July 2008
Sam Egwu
Lokoja
Governor Ibrahim Idris has warned the new staff of Kogi Savings and Loans limited, to adhere strictly to the tenets and ethics of mortgage banking.
He gave this warning Wednesday while commissioning the new office of the mortgage bank at Obasanjo Square, Peparanda, Lokoja.
"Anybody found wanting in the discharge of his duty would not only lose his job, but would be handed over to the appropriate authority", Idris said.
Earlier, the chairman board of directors, Alhaji Danjuma Ocholi reiterated the preparedness of the staff, saying they were tested, committed and not just bankers, but those who are qualified in mortgage banking, with wealth of experience
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It would be recalled that Kogi Savings and Loans limited was distressed in 2002 with executive fraud responsible for its collapse.
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