Appointment Of Taraba Micro Finance Bank Mgt Based On CBN Guidelines – MD Taraba Investment
Contrary to the media reports on the controversy surrounding the management of Taraba State Micro Finance Bank, the Managing Director of Taraba Investment and Property Company, Mr Ezekiel Iliya on Wednesday said the company had appointed the management of the Taraba Micro Finance Bank based on CBN’s guidelines. Iliya stated this in reaction to allegations that the company had illegally appointed the new management team led by Managing Director, Mrs Veronica Musa. According to him, the tenure of the old management which came on board on September 15, 2014 had elapsed after four years in office in line with the CBN guidelines. He noted that trouble started when the new MD, Mrs. Musa resumed office as some disgruntled staff attacked her, slapped her and vandalized the CCTV facilities she installed. He explained that the barbaric action by some of the staff, apparently, to prevent the management from unraveling their corrupt practices led to the closure of the bank by the state go...