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Imo State government through its agency, Owerri Capital Development Authority, OCDA, has sealed some banks in Owerri, the state capital.
Some of the financial institutions that were sealed by the state government were Access, Polaris, First Bank, Eco Bank and United Bank for Africa.
The state Commissioner for Information and Strategy, Declan Emelumba, told newsmen that the state government sealed the banks because they frustrated customers on Monday by refusing to open for transactions.
Asked when the government would unseal the banks, Emelumba said it was left for OCDA and the banks to determine.
Residents said they woke up yesterday morning to see the banks sealed while customers were seen in front of the banks stranded.
The OCDA sticker pasted on the entrance door of the banks had the following inscriptions: ‘Sealed! Signed: General Manager; No building approval; removal of this sticker without approval from the office will attract a fine of N500,000’.
All the banks in the state had closed for five consecutive Mondays following the sit-at-home declared by the Indigenous People of Biafra, IPOB, as a protest against its leader Nnamdi Kanu being detained by the federal government.
Though IPOB had suspended the sit-at-home order, banks, schools, markets, and business outfits in the state had continued to shut down on Mondays as a precautionary measure.