'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.

Ajibola Ademola Julius     Nnazua     Kolawole Bashirat     Abdullahi Adisa Akodudu     Rueben Parejo     Afolabi-Oshatimehin Adenike Harriet     Yusuf Ali     Federal Polytechnic Offa     Aminu Adisa Logun     Adebara     Amule Elementary School     Islamiya Abdulraheem     Yusuf A. Usman     Rafiu Ajakaye     Agor     Gbenga Adebayo     All Peoples Party     Farouk Salim     Tsado Manman     IHS     Arca Santa     Tsaragi-Share     KwaraLearn     Ita-Ore     Ilesha-Gwanara     Oko     Temi Kolawole     20 Billion Bond     M.Y. Abdulrahaman     Oluwatoyin Lukman     Khadijat Ayoola Yusuf     Kale Kawu     Ganmo Power Sub-Station     Dele Momodu     Sunday Fagbemi     Omoniyi M. Ayinla     Abdulfatah Ahmed     Lafia Aliyu Korasabi     Taiwo Joseph     Logun     Adedeji Onimago     Balogun Gambari     Oja-Oba     Bareke     Kola Ologbondiyan     Raliat AbdulRazaq     Bola Sagaya     Aliyu Kora Sabi     Ilorin Talaka Parapo (ITP)     MAI Akande     Olatunji Moronfoye     Sam Onile     Curfew     Yusuf Abdulraheem     Aliyu Kora-Sabi     Kamoru Kadiri     Ilorin Curfew     General Tunde Idiagbon International Airport     Omoniyi     Okin Group     Rotimi Samuel Olujide     Dasuki Belgore     Olaosebikan     Bayer Nigeria Limited     Olusola Saraki     Tayo Awodiji     Sheikh Ariyibi     Gambari     Ridwan Agboola     Ezekiel Yissa Benjamin     David Oyedepo     Kayode Ogunlowo     Idris Amosa Oladipo Saidu     Kwara University Of Education     Lanre Badmus     Umar Ahmed Gunu     Kolade Solagberu    

Cloud Tag: What's trending

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

Mutawali Of Ilorin     Saliu Mustapha     Abdulwahab Ololele     Dan-Kazeem     AGF Abdulrazaq     Rashidi Yekini     Shola Odetundun     Centre For Peace And Strategic Studies     Saidu Kawu     Ganmo Electricity Sub-Station     Ogidi-Oloje     Sadiq Umar     Alimi Abdulrazaq     Ado Bayero     Kwara State Branch Of The National Library     NIPR     Mahmud Durosinlohun Atiku     Muslim Media Watch Group Of Nigeria     Chemiroy Nigeria Limited     Akorede     Tsaragi     Arinola Lawal     Photo News     Lawal Arinola Kudirat     March 28     Yahaya Muhammad     Mike Omotosho     Soffiyyallah Kamaldeen     Shehu Salau     Bolakale Ayo     Abubakar Olusola Saraki     Aisha Ahman-Pategi     Olomu Of Omu-Aran     Alumni Association Of The Federal Polytechnic Offa     Isin     Kwara     Cornelius Fawenu     Maryam Nurudeen     Biliaminu Aliu     Ministry Of Women Affairs And Social Development     Oba Abu     Gbemisola Saraki     Umar Yakubu Jaja     Abdulraheem Yusuf     Vasolar     Ajibike Katibi     Wale Oladepo     National Association Of Nigerian Students     Abdulrauf Yusuf     Samuel Elizabeth Keatswa     Ilorin Metro Park     Kwara Basketball Association     Mohammed Danjuma     Haruna Tambiri Mohammed     Oko-Erin     Bolaji Abdullahi     Abdulwahab Olarewaju Issa     Senior Special Assistant On Student Affairs     Maigidasanma     Isiaka Abdulrazak     Sulu Gambari     Saheed Akinwumi     Yahaya Dumoye     Saka Onimago     Segun Olawoyin     Ibraheem Abdullateef     Busari Toyin Isiaka     AbdulRasaq Abdulmajeed Alaro     General Tunde Idiagbon International Airport     Maja     Aliyu Kora Sabi     Sheikh Ariyibi     Quran     Kwara North     Salihu Alhaji Musa     Haliru Dantoro     Ilorin Innovation Hub