Heritage Bank MD, Ifie Sekibo In Fresh Trouble …Faces Arrest

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Mr. Ifie Sekibo, Managing Director of Heritage Bank is in big trouble. He has been summoned to appear before the Ad-hoc Committee of the Federal House of Representatives investigating Treasury Single Account (TSA) management, implementation and level of compliance.

Chairman of the committee, Abubakar Danburam, said: “Today, we are supposed to meet with Heritage Bank and Aso Savings with regard to the Treasury Single Account (TSA).”

“As you can see, none of their management or staff is here. Our independent investigations have revealed that contrary to what Heritage Bank submitted to us, they also have two undisclosed accounts in the TSA.”

“The one with Nigerian Export and Import (NEXIM) Bank has $104 million, while a second one with Nigerian Maritime Administration Safety Agency (NIMASA) has $46,000.”

“Yet, there is another N21 billion, which also forms part of our enquiry. We want to know why they did not reveal those accounts to this Committee.”

“We hereby give the Managing Directors of Heritage Bank and Aso Savings the opportunity to appear before this committee at a date to be announced later. If they fail, we will then issue a warrant of arrest against them.”

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