By Agency reporter

Tuesday, 2 Nov 2010

Customers of the liquidated Ngas Micro-Finance Bank, Pankshin, Plateau State, have cried out to the Central Bank of Nigeria over their savings allegedly trapped in the bank.

The News Agency of Nigeria reports that the apex bank in September suspended the licences of 224 microfinance banks.

One hundred of such banks were issued fresh licences in October, while the remaining 124 were liquidated.

The microfinance banks in Pankshin were among those liquidated.

The affected customers urged the apex bank to “strive to ensure the safety of depositors’ funds.’’

Some of the customers in Pankshin on Monday said the managers of the liquidated bank had allegedly not been able to come up with positive responses to enquiries over the fate of their funds.

“I have been visiting the bank ever since the liquidation was announced, but all I see is the CBN/NDIC seal pasted on the door.

“There doesn’t appear to be any hope at all,’’ Mrs Agnes Golwak, a trader, told the News Agency of Nigeria.

Source: Punch