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Heritage Bank In Big Trouble

Heritage Bank Plc. is in hot soup as the Federal House of Representatives Committee has threatened to ask the Central Bank of Nigeria (CBN) to take over the bank over alleged debt to the federal government.

Chairman of the committee, Adejoro Adeogun, said; “I need to send this message to Heritage Bank that we are not comedians here and we are not joking here.”

“If Heritage Bank is owing Nigeria more than its share capital, we will not hesitate to ask the national assembly to write to CBN to take over Heritage Bank.”

“They cannot be owing more than their share capital, sit on it and feel too big to respond to invitations from the national assembly.”

“Clark, you have to write to them, giving them till Wednesday next week. That is the last time we are going to give them.”

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