Home News Fidelity Bank, NASU Boss’ None Transparent Loan Deal Raises Tension At U.I

Fidelity Bank, NASU Boss’ None Transparent Loan Deal Raises Tension At U.I

by Edit

Abuja (PreviseFidelity Bank PLC and the Chairman of Non Academic Staff Union (NASU) of the University of Ibadan, Comrade Abiodun Rasaki Omisore have been accused of being involved in a non-transparent loan agreement on behalf of the non-academic staff that would snowballed into strike action anytime soon.

Trouble started when a loan deal was struck with its servicing to last for two years, but after Fidelity Bank was still making deductions thereby raising suspicion that the NASU Chairman has gone into signing agreement without NASU consent.

NASU members became angry when they realized a proviso that in the loan deal, they have to pay for the leftovers of the retired staff who refused to pay up their loan before their retirement and have already spread the outstanding on others, a development, considered as non transparent by the financial institution and the management of the union in which tempers are now rising.

NASU members claimed that they were not aware of this, until they were confronted by the bank.

The NASU chairman, Comrade Abiodun Rasaki Omisore, who allayed the fears of his colleagues that they are going to get to the root of the issues, allegedly joined hands with some staff of the bank to defraud them.

Attempt to reach out to NASU Chairman to confirm strike threat over this was not fruitful as at the time of filing this report as his MTN line available to our correspondent was not available.(Capital Post).

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