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Banks resume operations in Imo

18 December 2013, 14:05

Owerri - Normal banking operations, including the clearance of millions of piled up cheques, resumed on Tuesday in commercial banks in Imo State after the state government sealed the banks on December 12, 2013.

The re-opening of the banks followed the intervention of some citizens of the state, reports ThisDay.

Many customers had been unable to deposit cheques or use their ATM cards because the Imo state government sealed the operational regional offices of some banks over nonpayment of withholding tax by the banks between year 2004 and 2011.

Read more at ThisDay


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