Nigeria Insurance Deposit Corporation, NDIC, has called on depositors with the three liquidated Micro Finance Banks, MFBs, in Enugu State to file their claims with the corporation with the view of recovering their trapped funds in the banks.
The managing director, Alhaji Umaru Ibrahim gave the directive yesterday at the on-going 27th Enugu International Trade Fair.
The three liquidated micro finance banks were Crown, First Omasi and Tri-star Banks.
According to Alhaji Ibrahim who was represented at the NDIC special day at the fair, Mr. Nicholas Ayuba Ibrahim, out of the deposit of N75.49 million, N58.47 million has been paid to customers already thereby leaving a balance of N17.02 million.
The NDIC boss also called on depositors at the closed Harvard Trust Savings and Loans, Enugu, to equally come forward to claim their deposits which are at the tune of N81.64 million which only N37.96 million has been paid to depositors so far.
Ibrahim, who said their preoccupation was to ensure the safety of depositors’ funds, warned prospective customers to shun “wonder banks” that promise huge sums in return on deposits.
He said such banks do not have authorisation from the central bank, Security and Exchange Commission, SEC, as well as NDIC; therefore depositors should not approach such banks in their own interest.
“I wish to remind you of the activities of illegal fund managers otherwise known as ‘wonder banks.’ I would like to use this medium to appeal to members of the public to stop patronising these wonder banks which offer mouth-watering interest rates to dupe unsuspecting members of the public of their hard earned incomes in the name of investment,” Ibrahim warned.

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