Nigeria: Alleged N200 Million Loan Scam - Ogun NUT Threatens to Sue First Bank

Abeokuta — About 120 teachers employed by the Ogun State government have threatened to sue First Bank of Nigeria Limited, for damaging their reputations.

The teachers allege that their names were used to fraudulently access a N200 million loan from the bank, following which they were arrested and taken to Lagos by operatives of the Economic and Financial Crimes Commission (EFCC) for interrogation.

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