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72-Year-Old Retiree Accuses First Bank Of Mishandling ₦10.5m Fixed Deposit, Demands ₦7.5m Compensation
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72-Year-Old Retiree Accuses First Bank Of Mishandling ₦10.5m Fixed Deposit, Demands ₦7.5m Compensation
A 72-year-old retiree, Sule Fabiyi, has accused First Bank of Nigeria Plc of improperly handling his ₦10.5 million fixed deposit, alleging unauthorised actions by officials at the bank’s Osogbo branch in Osun State and demanding ₦7.5 million in compensation. Fabiyi, who said he invested the funds in 2024, claimed the fixed deposit was placed with clear assurances on safety, tenure and returns. According to him, he later discovered that the inves…
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