Home / Headlines / Don’t grant Amosun loans, overdrafts – Ogun APC warns banks

Don’t grant Amosun loans, overdrafts – Ogun APC warns banks

The All Progressives Congress in Ogun State, on Monday, warned banks and other financial institutions against granting what it called last-minute loans, overdrafts and other financial instruments to the outgoing  governor of the state, Ibikunle Amosun.

The APC stated this in a press statement issued in Abeokuta and signed by its publicity secretary, Tunde Oladunjoye, that Amosun was planning to obtain loans and overdrafts  two months to the end of his tenure.

Amosun will be finishing his second term on May 29, 2019 after spending eight years as governor of the state.The APC warned banks and financial institutions not to succumb to alleged threats and pressures from Amosun to obtain loans.

The party warned that any institution that granted such requests “does so at its own risk.”

ALSO READ:  Court orders Nnamdi Kanu’s arrest

The statement read, “It has come to our notice that the outgoing governor has been exerting pressures on banks and financial institutions to grant frivolous loans, overdrafts and other instruments immediately Prince Dapo Abiodun was declared governor-elect.

“We are equally aware that files and other sensitive government documents are being moved out of government offices on the order of the outgoing governor, His Excellency, Senator Ibikunle Amosun.

“It is therefore important to let it be known to the concerned public officers that it is part of their duties to protect public properties, including files, documents and information at their disposal, as anything contrary to this will be running foul of the laws and their oath of office. The allegiance of the civil servants is to Ogun State and not to any individual, no matter who.

ALSO READ:  NJC concludes hearing on petition against Onnoghen, Tanko

The APC said “As for the banks, we want to state categorically that the incoming administration believes so much in the rule of law and will not honour any obligation that did not follow due process or any loans that did not receive the prior approval of the state House of Assembly.

Check Also

FB IMG 15604431455947808

Osun United Management Celebrates Ex-Player for Winning NPFL

by Tajudeen Amodu Osun United Management Celebrates Former Player for Winning NPFL The management of …

Customs Boss

FG May Lift Land Border Vehicle Importation Ban — Customs Boss

The federal government may relax the ban on importation of vehicles through the land border. …

Sanusi

Nobody influence us to probe Emir Sanusi’

Chairman Muhuyi Magaji Rimingado Kano State Public Complaints and Anti-Corruption Commission has unveiled that the …

Leave a Comment

WhatsApp Contact us
OSBC MOBILE

FREE
VIEW