Connect with us

News

Tension As Heritage Bank’s Head Office Is Shut Down Over Sack Of Over 1,000 Staff

Published

on

The National Union of Banks, Insurance and Financial Institutions Employees (NUBIFIE), has shut down Heritage Bank’s head office in Lagos following the sack of over 1000 personnel by the management of lender led by Mr. Akinola George-Taylor without following due process.

The union said it had resolved to continue with the picketing until the management of the bank decides to do the needful by ensuring the sacked workers get their legitimate severance package.

The aggrieved ex-staff of the bank have locked the gate and prevented anyone from going in or out of the bank’s head office located at 143 Ahmadu Bello Way, Victoria Island, Lagos.

Naijablitznews recalls in October 2023 that in less than one year after assuming office as Heritage Bank’s chief executive officer, Mr. Akinola George-Taylor forcefully booted out over 70 senior staff members of the bank, while a number of others were asked to resign plunging the bank in further crisis.

Advertisement

More worrisome was the fact that the affected staff were disengaged without paying them their accrued entitlements and allowances.

The internal crisis allegedly instigated by the bank chief was in an attempt to rid the bank of those suspected to be loyalists of some board members, and employ his own people. The move, sources disclosed, were unconnected with the new bank chief’s plan to oust some board members who are said to be at loggerheads with him, from the bank. The bank’s chief was said to be enjoying the support of a top shareholder of the bank whom sources say is allegedly determined to solely take over the bank and get rid of the owners.

When contacted Ozenna Utulu, the head of Corporate Communications of Heritage Bank promised to get back to our reporter but never did as at the time of filing this report.

Advertisement
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

News

FRESH TWIST! Obasa Drags Meranda To Court Over N5BN SUV Purchase

Published

on

…insists on spending N7BN he had budgeted for the SUV before removal

A fresh palaver has erupted in the Lagos State House of Assembly as Speaker Mudashiru Obasa has taken legal action against his former deputy, Mojisola Meranda, over her approval of N5 billion for the purchase of 40 luxury SUVs for lawmakers during her brief tenure as Speaker.

Before his impeachment, Mr. Obasa had reportedly planned a N7 billion budget for 45 Toyota Fortuner SUVs—40 for lawmakers, one for the house clerk, and four for himself and his two wives.

However, Ms. Meranda’s decision to approve the purchase of Land Cruisers instead of Fortuner SUVs disrupted his original plan, leading to mounting tensions in the assembly.

Advertisement

“Obasa had his own plans for purchasing vehicles before his removal,” a source revealed. “Now that he’s back, he wants the ₦5 billion returned so he can execute his initial plan, but the lawmakers are refusing to give up their newly acquired SUVs.”

The development has triggered resistance among lawmakers, many of whom opposed Mr. Obasa’s return as Speaker.

They are reportedly standing firm against his demand to return the Land Cruisers in exchange for the Fortuner SUVs he initially intended to buy.

“Mr. Speaker is not letting this matter go and has ordered Meranda and the lawmakers to return the Land Cruisers,” another source stated. “But they are all refusing because they prefer the latest model over the 2020 Fortuner SUVs Obasa had planned to buy.”

Advertisement

As the legal battle unfolds, the Lagos State House of Assembly remains embroiled in controversy, raising concerns about leadership disputes and financial accountability within the legislative body.

Lagos Reporters will continue to provide updates on this unfolding political drama.

🙄

Advertisement
Continue Reading

News

Video: WATCH tearful Senator Natasha reporting Akpabio to IPU

Published

on

A video clip trending on the social media network shows tearful Senator Natasha Akpoti-Uduaghan reporting the Nigerian Senate over her unusual suspension.

It’s the first of its kind in the Nigerian legislature where the voice of a whole constituency will be silenced for six months.

Akpabio and his men used a sledgehammer to kill a fly.

WATCH

Advertisement

Continue Reading

News

Alleged Terrorism: Judge to issue hearing notice on Nnamdi Kanu case

Published

on

By

The new judge of the Federal High Court in Abuja who is to handle the treason trial of self-acclaimed leader of proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, may issue hearing notices to the parties in the case before the week runs out.

The Nation learnt that the case has now been re-assigned by the Chief Judge of the court, Justice John Tsoho, from Justice Binta Nyako to Justice James Omotosho.

It was not clear last night if the case file had been transmitted to the new judge’s court.

Hearing notices and other relevant information could only be communicated to the parties after the new court would have received the case file, a source told our correspondent.

Advertisement

Also, the court’s Chief Registrar, Sulaiman Hassan, has faulted reports that the new judge, to whom Kanu’s trial has been assigned, has withdrawn from handling it.

In a statement yesterday, Hassan described the report as false and misleading.

The statement reads: “The court unequivocally refutes the false and misleading report, alleging that the Honourable the Chief Judge, the Hon. Justice John T. Tsoho, has stepped down from Nnamdi Kanu’s case and made statements regarding the legality of his arrest.

“This claim is entirely unfounded, fictitious, grossly mischievous, damaging in intent and should be disregarded in its entirety.

Advertisement

“The true position is that the Honourable Justice Tsoho, in his capacity as the Chief Judge, has reassigned Nnamdi Kanu’s case from Honourable Justice Binta Nyako to another (‘new’) judge.

“The report referred to is, therefore, totally spurious.

“The defence team should hence prepare to receive instructions regarding the case, as may be issued by the new judge.

“The Federal High Court strongly cautions against deliberate misinformation to mislead the public and erode confidence in the judicial system.

Advertisement

“We urge the general public to be wary and rely only on verified information from official court sources.

“The court remains steadfast in upholding justice through due process of the law.

“Any further enquiries should be directed to the court’s Information Department.”

Advertisement
Continue Reading

Trending

Copyright © 2024 Naija Blitz News