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EFCC to quiz 120 teachers over N200m loan

06 July 2015, 16:01

Lagos - 120 teachers in public secondary schools in Ogun State have been invited by the Economic and Financial Crimes Commission to answer questions on a N200m loan they allegedly took from one of the old generation bank, Punch reports.

The teachers were invited through the state’s Teaching Service Commission and they will be quizzed on Monday at the anti-graft agency’s Lagos office.

Also read: EFCC “shocked” at Fani-Kayode’s acquittal

The teachers, most of who teach in secondary schools in Abeokuta South Local Government Area of the state, allegedly obtained the N200m loan from the bank since 2011 and defaulted in repayment.

But the teachers denied ever borrowing any loan from the First Bank, adding that majority of them even never had accounts with the bank.

Read more at Punch

- News 24


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