CBN URGED TO INVESTIGATE UNLAWFUL CHARGES AND DEDUCTIONS ON BANK CUSTOMERS
Th
e Enugu State House of Assembly has called on the Central Bank of Nigeria,CBN and other financial regulatory agencies to check alleged excess charges and deductions on customers by some commercial banks.
This followed a motion sponsored by the House Committee Chairman on Anti-Corruption and member representing Nsukka East, Chief ChineduNwamba and eight others.
Chief Nwamba said the unlawful charges by commercial banks was threatening the economic growth and jeopardizing government efforts in ensuring sustainable development.
He called on the CBN to strengthen its suspension on erring banks and investigate the issues raised.
He described such charges as dubious and appealed to bank customers to ask questions on any deductions irrespective of the amount.
Other members who spoke in favour of the motion include the Leader of the house, Chief IkechukwuEzugwu, Mr Paul Nnnajiofor, MrIloabuchiAniagu.
Mr. ObinnaOkenwa advocated disciplinary action against any commercial bank found to be defrauding people their hard earned income.
The Speaker of the House, Chief Edward Ubosi commended the sponsors and gave an assurance that the house would do everything within its powers to follow the matter to a logical conclusion.
Chief Ubosi assured the people that the house would use its legislative frame work to protect all segments of the society especially in the state.
OLIVER OSSAI