Oba Otudeko, a billionaire philanthropist and chairman of Honeywell Group, is reportedly indebted to First bank to the tune of about N75billion.
Read more here>newsheadline247.com
The alleged loan which was collected
about 7 years ago with his status as the chairman of the bank has remained
un-service till date, an insider of the bank claimed. The non-performing loan
is said to be presently putting the bank and its management in a tight corner
as the economic hardship facing the country bites hard on all financial
institutions.
