First Bank

Wednesday, May 25, 2016

GTB, ECO Bank Shut Down Over Default In Payment Of Tax

Hundreds of customers went home disappointed in Ado Ekiti,  Ekiti State, on Wednesday after  two banks  were shut over alleged non-remittance of tax.

Officials of the State Internal Revenue Service (IRS) swooped on Guaranty Trust Bank (GTB) and Ecobank, both located on Secretariat Road at about 8:35am and shut them down.

The closure caught the banks’ staff and customers unaware and ended banking operations abruptly.

Staff and customers were evacuated from the banks within 35 minutes as bystanders watched the unfolding drama.

Apart from the doors to the banking halls, gates of the two banks were firmly locked by IRS officials


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