Customers stranded as court shuts Abia bank branch

Ogbonnaya Ikokwu, Umuahia

Many customers of the First Bank of Nigeria Limited in Umuahia, the Abia State capital, were stranded on Tuesday following the sealing off of its main branch located on Library Avenue.

The gate of the bank premises was under lock and key when our correspondent visited the branch.

Customers, who had arrived for banking transactions, wondered what might have led to the sealing off of the bank branch.

Investigation by our correspondent showed that the bank was sealed following the order of the Abia State High Court.

The court had ordered the Abia State Board of Internal Revenue to seal off the bank branch for failing to pay tax amounting to N5,916,568.

The court order read in part, “It’s here ordered that the defendant is to remit or pay to the claimant through the Abia PLUC outstanding sum of N5,916,568 in respect of your 22 branches in Abia for 2018-2019.

“That warrant of distress is issued against the premises of the defendant for failure to remit/pay the sum of money above.”

Some of the customers of the bank, on seeing the notice, were seen discussing in small groups, asking if their money was safe with the bank.

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