Thursday 8 September 2011

NDIC denies closing CPC accounts, says guided by law

Nigeria Deposit Insurance Corporation (NDIC) says it will continue to adhere to laws and regulations governing banking operations, including procedures in the closure of customers’ bank accounts in insured depository institutions.
A statement issued by the corporation in Abuja on Friday said the statement was a reaction to a report that it had closed the accounts of the Congress for Progressive Change at Oceanic and Mainstreet Banks.  
It said  the corporation was only commenting on a petition submitted by some national officers  of the party.  
``The NDIC hereby categorically declares that the reports which are capable of misleading the public on the subject are false.
``The NDIC, therefore, wishes to assure the public that there is no iota of truth in the reports as published in the newspapers,” the statement said. 
The NDIC said that its team of examiners had commenced investigations into the issues raised by the petitioners, adding that the report of the investigations was being finalised. 
The News Agency of Nigeria (NAN) recalls that some national dailies had reported the closure of CPC account in Oceanic and Mainstreet Banks by the NDIC.

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