Wednesday 14 December 2016

GTBank drags Federal Lawmaker who collected N130m Loan and disappeared

Money wahala! A member of the House of Reps has landed in trouble after he took a loan of N130 million from GTBand and absconded.

The lawmaker, Hon. Samaila Suleiman has been accused of bridging his contract with the bank. In a letter to the Speaker of the House, Yakubu Dogara, GTBank described the lawmaker as a dubious character who took a loan from the bank to offset another loan with United Bank of Africa (UBA).

After collecting the loan from GTB, the lawmaker promised to repay it from his monthly allowances which would be domiciled with the bank.

This was contained in a letter of loan request he (Hon. Suleiman) wrote to the bank on the 10th of May, 2016. However, things became bad as the 'dubious' lawmaker without the knowledge of GTB, diverted his allowances to another bank.

The bank was forced to go public as it is yet to reclaim N31.5m outstanding on the loan facility.
Officials of GTBank were left in shock after Hon. Samaila Suleiman began playing pranks on them. He refused replying messages or picking his calls which left the bank in limbo as to how to recover its outstanding money.
The bank described the lawmaker's sudden behaviour as 'dubious' and a disgraceful act.




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