'We lost N8m to Share/Tsaragi crisis'- Bank MD

Date: 2016-01-28

Iyeru-Okin Micro-Finance Bank, Share branch in Ifelodun Local Government area of Kwara State told the commission of enquiry probing the recent Share/Tsaragi communal clash that it lost over N8 million during the alleged invasion of Share community by suspected Tsaragi youths.

It would be recalled that crisis broke out between Share and Tsaragi in Edu Local Government of the State on 19th December, 2016 which claimed two lives while properties worth millions of Naira were said to have been destroyed.

Giving testimony before the judicial panel on Wednesday in Ilorin, the State capital, the Managing Director, Iyeru-Okin Micro-Finance Bank, Alhaji Fasasi Balogun disclosed that for the past seven years the bank has been operating in the Share community, there had not been a reported case of stealing in the bank.

The Managing Director who had earlier forwarded a memorandum and pictures on the burnt bank to the panel, saying the bank's losses were estimated to be N8.1 million.

Earlier, a witness from Share community, Yinka Olaosebikan under cross examination identified many houses, three primary schools, cars, motorcycles, mosque and churches that were destroyed.

Source

 


Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Ali Ahmad     TIC     New Model Police Station     Bayo Mohammed Onimode     Sulyman Tejidini     General Hospital, Offa     Mopelola Abdulmaliq-Bashir     T And K FOODS     Irepodun     Afolabi-Oshatimehin Adenike Harriet     Kisra     Baruten     IYA ALFA NLA     Bayo Ajia     Lawal Olohungbebe     Ilorin International Airport     Tayo Awodiji     Kawu     Aminu Ado Bayero     Kola Adesina     Ijagbo     Mansurat Amuda-Kannike     Ayinke Saka     Saudat Abdulbaqi     Okeose Christian Cementary     Asiwaju Bola Tinubu     Olatomiwa Williams     Mary Kemi Adeosun     Convocation Ceremonies     Afeyin-Olukuta     Kwara Hotel     Suleiman Mora Omar     Ahmed Bayero     Fatai Adeniyi Garba     Ilorin Curfew     Senate President     Arandun     Kupchi Hosea Maxwell     Olatunde Oyeyiola     Toyin Sanusi     Pakata Development Association     Mohammed Danjuma     Obayomi Azeez     REO CAKES     Iyaloja-General     AbdulRazaq Jiddah     Joshua Adeyemi Adimula     Lithium Deposit     Abdulrazaq Aiyelabegan     Monthly Sanitation     Jamiu Oyawoye     Ahmed Shuaib Buranga     Ilorin Metro Park     Olubukola Kifayat Adedeji     Kwara Coalition Of Business And Professional Associations     Oju Ekun Sarumi     Abubakar Atiku     Sherif Sagaya     Olateju Lukman     Towoju     Kwara-SAPZ Project     Fatimat Saliu     Code Of Conduct Tribunal     CLAY POT     Haruna Tambiri Mohammed     Samuel Adaramola     Kwara South     Salihu Ajia     NSCIA     NAWOJ     Folorunsho Erubu     Sheu Ndanusa Usman     Jimoh Lambe Abdulkareem     Anilelerin     Unilorin FM     Abdulmajeed Abdullahi     Tafidan Kaiama    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Obayomi Azeez     Salihu Jibril Garbi     Saidu Isa     Abdulwaheed Musa     Clement Yomi Adeboye     Adewuyi Funmilayo     Amos Sayo     Tunji Arosanyin     Olatunji Abdulmumeen     Fareedah Dankaka     Ali Ahmad     Ibrahim Abiodun     Abdulahi Abubakar Bata     Sarah Alade     Bola Olukoju     Garba Ayodele Wahab     Lithium Deposit     Mamatu Abdullahi     Public Holiday     Olatunde Oyeyiola     Ekweremadu     Christopher Tunji Ayeni     Minimum Wage     Ibrahim Kayode Adeyemi     KWAFFA     Apata Ajele Secondary School     Abdulrahman Abdulrasak     Abdulrazaq Magaji     NaAllah     Ahmad Uthman     Yakubu Gobir     Abdulkarim Adisa     Balikis Jawondo     AIT Ilorin     Halidu Danbaba     Olokoba Abdullahi Ayinla     Rebecca Bake     Al-Adaby     Abdullahi Atanda     COVID     Sunday Popo-Ola     Leke Ogungbe     Ganiyu Abolarin     Abdullahi AbdulMajeed     Salami Adekunle     SAPZ Project     Ohoro Of Shao     Solomon Edojah     Ibrahim Gambari     Ahman Pategi University     Sidikat Akaje     Radio Kwara     Oke-opin     Ilorin Central Mosque     John Olajide Adedipe     Abubakar Aliagan     Haleeman Salman     Frootify     Yakubu Mohammed Abdullahi     Abdulrasheed Akogun     Bayo Mohammed Onimode     AbdulFatai Adeniyi Dan-Kazeem     Oko-Erin     Halimah Perogi     Jimoh Lambe Abdulkareem     Kulende     Principal Private Secretary     Prince Bola Ajibola     Nigerian Supreme Council For Islamic Affairs     Afonja     Aso Ofi     Tanke Road     Salmon Babatunde Salmon     Maigida Soludero Transit     Malete     Moshood Kashimawo Abiola     Park