Nigeria: Labour Seeks Prosecution of Those Behind Failed Banks

28 July 2009
opinion

TRADE Union Congress of Nigeria (TUC) has called on the Economic and Financial Crimes Commission (EFCC), to immediately arrest and commence prosecution of all those said to have contributed to the collapse of some banks in the country in which about N 188 Billion of depositors funds are trapped.

The body in a statement by its President-General and Secretary-General, Comrade Peter Esele and Chief John Kolawole, said it is baffled at the huge amount of depositors and investors money that were cornered by those that were supposed to keep them in safe custody, but who later turn around such funds for personal use.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.