“CBN is part of the problem”: Shareholders of Heritage Bank speak on how to recover customers' money

  • A few minority shareholders have requested that the board and management of the now-defunct Heritage Bank be looked into
  • The National Coordinator of the Progressive Shareholders Association said Interrogating the bank managers would increase confidence
  • According to him, the CBN is also a contributing factor to the system’s issues; if the bank had become insolvent over time and been forced to rely on CBN

Legit.ng journalist Zainab Iwayemi has over three years of experience covering the Economy, Technology, and Capital Market.

The minority shareholders have demanded an investigation into the board and management of the defunct Heritage Bank.