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120 Ogun State Teachers To Appear Before EFCC Over N200m Loan Default

There has been a report that about one hundred and twenty teachers in Government secondary schools in Ogun State have been invited by the Economic and Financial Crimes Commission to answer questions on a N200m loan they allegedly took from First Bank PLC since 2011.

According to Vanguard, the teachers are expected to be quizzed today (Monday) at the EFCC’s office in Lagos.

The anti-graft agency had invited the affected teachers through the state Teaching Service Commission (TESCOM).

The teachers, most of who are in secondary schools in Abeokuta South Local Government Area of the state, allegedly obtained loans running into about N200million from First Bank Plc‎ since 2011 and defaulted in repayment.

But the teachers denied ever borrowing any loan from the First Bank, adding that majority of them even never had accounts with the bank.

It was gathered that the development‎ has since last week generated controversy between the teachers and TESCOM authorities over whether or not to honour the EFCC invitation.

Sources said the teachers have been grouped into six batches, with the first batch, comprising 20 teachers, billed to appear before the EFCC on Monday (today).

However, it was learnt ‎that many of the teachers were kicking against honouring the EFCC invitation because of the apprehension that they may be subjected to unwarranted detention over the matter despite their innocence.

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