Sometime ago Fcmb was hailed for giving loan to civil servants, and deducting it from their salaries gradually. In Kogi the case was not different. Years laterThe First City Monument Bank (FCMB) has sued the Kogi State Government over breach of contractual agreement that has caused bank to lose over N700 million in loans to workers. Why Kogi will push for change of salary accounts knowing the agreement they are in with FCMB remain cloudy.
The trial judge, Justice Phoebe Ayua adjourned the case to October.