Micro-finance Bank Loses N8.2million Investment in Kwara State

The Managing Director of Iyeru Okin Micro Finance Bank, in Share, Kwara State, Alh Fasasi Balogun, has told the Judicial Commission of Inquiry that the bank lost N8.2million investments to the communal clash.

Balogun explained that he has been operating the branch of the micro finance bank in Share for about eight years before the clash on December 15, 2015.

He said that before the destruction, the bank had in no small measure improved the business and commercial activities in Share based on the high level of patronage of the people of the town.

While noting that the owner of the building which houses the micro finance bank is a native of Share, he also said that it would not be out of place to accuse the people of Tsaragi of looting the bank and then setting the office and building ablaze.

The chairman of the judicial commission, Justice Akanbi, adjourn the sitting till next monday for further hearing

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