WEMA BANK SWIMS IN IGR CONTROVERSY AS FORENSIC AUDITOR PETITIONS EFCC
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Widely reputed as the longest surviving and most resilient indigenous bank in Nigeria, Wema Bank Plc, according to its corporate philosophy, “has over the years, diligently offered a fully-fledged range of value-adding banking and financial advisory services to the Nigerian public.” But recent development is threatening the bank’s ambition and reputation “to give every customer a delightful and memorable service experience.” According to the document received by the Nigerian Guild of Investigative Journalists, NGIJ, Niger State governor, Alhaji Abubakar Sani-Bello in a letter dated 23/07/2015 from the office of the Permanent Secretary, Ministry of Finance, Malam Zakari Abubakar appointed Ori Adeyemo, a Lagos based forensic expert as consultants to investigate deductions of unremitted 10% Withholding Tax on Credit Interest by some banks operating in the state. However, an instruction was passed by the then Finance Ministry Permanent Secretary to its supervised Niger State B...