Access bank and another new generation bank are in the eye of the cyclone after the non-payment of October and November salaries of local government employees in Imo State. When the governor of Imo, Owelle Rochas Okorocha heard of the development, he turned into an avenging god and demanded for heads to roll.
Stella Udogwu, the state’s accountant-general who was fingered in the ploy to profit from the local government employees’ salaries through the acreage of interest in the banks was dismissed from her duties bluntly.
Two top bank managers of Access and another new generation bank were offered as sacrificial lambs to appease the governor’s wrath. He ordered they be arrested and grilled. They are likely to spend the yuletide cooling their heels behind bars.
However, the top echelons of the banks who are very popular in the state have been making entreaties to the governor in a bid to ensure the incident doesn’t result in a withdrawal of the state government’s lucrative patronage.
Meanwhile, reports revealed that it will take more than a few rounds of pleadings for governor Rochas to pardon the two banks for what he sees as a heinous crime.
Additional: Lagos Times
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