Home NEWS Old Notes: Osun Gov, Adeleke, Decries Maltreatment Of His People By Banks

Old Notes: Osun Gov, Adeleke, Decries Maltreatment Of His People By Banks

The Governor of Osun State , Senator Ademola Adeleke has decried the maltreatment of residents of the state by banks which refused to collect old currency notes even after paying customers with old notes.
In a statement today, March 12 by his spokesman, Mallam Olawale Rasheed, the Governor narrated the many complaints of bank customers who accused the banks of refusing deposits of old notes and the attendant negative consequences on the populace.
Governor Adeleke said that he has received several calls from Bank customers across the state, complaining of deliberate refusal of banks to collect old notes.
He said such attitude is creating serious economic complications for residents of the state.
“For the banks to issue old notes and refuse to accept old notes as deposit is highly unacceptable.”
Governor Adeleke called on the Central Bank of Nigeria to direct the banks operating in the state to correct the anomalies.
“The state director of the CBN is specifically requested to direct the banks to halt this unhealthy practice.
“If banks will not accept old notes as deposits, they must stop issuing old notes for withdrawal. The current pain being inflicted on our people must stop.”