According to SR,Heritage Bank of Nigeria has taken an unprecedented step against one its executive directors, Mary Akpobome, who happens to be the wife of popular Nigerian comedian Ali Baba: an indefinite suspension to go and recover loans she signed off on.
Heritage Bank is facing difficulties arising from insider abuse and self-dealing. Several bank sources told Saharareporters that Mrs. Akpobome and powerful bank management were abusing their positions and engaging in fraud. .
Last week, an Abuja company petitioned the Federal High Court and the Central Bank of Nigeria to liquidate the bank on account of its inability to meet customers’ demands.
Geonel Integrated Services Limited, a security services company, cited its own experience, claiming it has over N1.8billion and another $85,859 trapped in various Heritage Bank accounts.