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Friday, April 14, 2023

CBN's Funny Proposal On Dormant Accounts In Nigerian Banks

 The Central Bank of Nigeria has proposed that banks should transfer funds in accounts that have been dormant for up to 10 years into a trust fund account. This is contained in the recently released exposure draft of guidelines on the Management of Dormant Accounts, Unclaimed Balances and Other Financial Assets in Banks and Other Financial Institutions In Nigeria.

So my question is, who will inherit these monies they want to put in this alleged trust fund?

23 comments:

  1. They will use the money to develop the country or use it to pay debt I guess, @ Stellicocos question

    ReplyDelete
  2. Smh, what's their business with people's money, they are always looking for a way to defraud the masses.
    Why not create a policy where by the bank can contact the next of kin for any dormant account that's up to 10 years...so that the next of kin can inherit it.

    ReplyDelete
    Replies
    1. New ways need to be looked at to steal massive amounts of money, e no dey do

      Delete
  3. Please, let someone knows all the account you have money in. Have one person you trust. Imagine, the money that would have benefitted someone you know. Will now be squandered by government.

    ReplyDelete
  4. E be like say na govt dey teach Nigerians Yahoo yahoo

    ReplyDelete
  5. People in the diaspora, make Una put eye o. Before your money develop wings.

    ReplyDelete
  6. Na waa for this kain gorment? How you go dey chook eye inside another person pot of soup? Otilo

    ReplyDelete
  7. I have one proverb in my dialect oo

    "Remove monkey hand from soup before it turn to baboon own"

    Side eyes 👀

    ReplyDelete
  8. Just another way to thief more money

    ReplyDelete
  9. So wetin una con dey use details of our next of kin dey do?

    ReplyDelete
  10. The sad thing is you dont know who to trust. If you allow next of kin know you have plenty money in your account, they might just get rid of you just to inherit it.

    ReplyDelete
  11. Thief thief leadership, government money never reach una na to shook hand for masses pocket. Wicked and heartless rulers.

    ReplyDelete
  12. The new naira policy didnt favor him, now this. Like seriously, what’s up with both FG n CBN Governor?

    ReplyDelete

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