Heritage Bank: Customers raise alarm over NDIC’s delay in payment of deposits

Three weeks after the revocation of Heritage Bank, customers of the defunct bank have raised alarm over the delayed payment of their trapped deposits by the Nigerian Deposit Insurance Corporation . Uju Ogunbunka, the President of the Bank Customers’ Association of Nigeria, disclosed this in an exclusive interview with Daily Post on Wednesday. Speaking with DAILY POST, Ogunbunka said NDIC should not procrastinate on the payment to depositors of the defunct bank.

Bashir Hassan, the spokesperson for NDIC, did not respond to our inquiries as of the time of filing this report. Recall that NDIC commenced the liquidation process of the failed Heritage Bank following its revocation by the Central Bank of Nigeria on June 3, 2024. To address this, NDIC assured the 2.3 million depositors of defunct Heritage Bank of imminent payments a week ago. Bello Hassan, the Managing Director of NDIC, made this disclosure in a statement. According to him, 99.

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NDIC to repay Heritage Bank customers within one weekThe Nigerian Deposit Insurance Corporation, NDIC, has assured depositors of Heritage Bank that there is no need to panic as it is already in the process of repaying their monies.
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