For allegedly collecting a loan of N200m from an old generation bank since 2011 and failing to repay, 120 teachers in public secondary schools in Ogun State have been invited by the Economic and Financial Crimes Commission (EFCC) for questioning.
The teachers were said to have been invited through the state’s Teaching Service Commission (TESCOM) and most of them teach in secondary schools in Abeokuta South Local Government area of the state, allegedly obtained N200m loans from the bank since 2011 and failed to pay back.
A source in TESCOM confirmed the invitation by the EFCC, adding that the teachers will be at EFCC’s office in Lagos on Monday.
The state government had made buses and legal team to convey the teachers to Lagos.
It was gathered that the teachers had denied ever borrowing any loan from the bank, and a majority of them had no accounts with it.