The Digest:
The Nigeria Deposit Insurance Corporation (NDIC) reassured Heritage Bank depositors that it is still paying insured amounts to eligible depositors, despite delays, citing instances of incomplete information and legal issues as reasons for the delays.
Key Points:
- The NDIC is committed to reimbursing all eligible depositors of Heritage Bank.
- Payments have been ongoing, with most insured depositors already compensated.
- Some depositors without alternate accounts or facing legal orders have not been paid.
- NDIC continues to work on resolving outstanding payment issues.
- Liquidation dividends have begun for depositors with funds exceeding N5 million.
- NDIC highlights that recovery from debtors and asset sales will aid full compensation.
- The NDIC urges customers with outstanding issues to contact them for resolution.
While the NDIC continues its efforts to pay depositors, challenges persist due to account issues and legal constraints. The corporation remains committed to resolving all outstanding claims.
Sources: Vanguard, NDIC, News Agency of Nigeria (NAN)
