The Ekiti state governor, Ayo Fayose, seems to bent on chasing Zenith Bank out of the state as he has ordered the state to stop transacting business with Zenith Bank.
Reports say that the action is connected with the face-off between him and Zenith on the freezing of his personal accounts domicilled in the bank by the Economic and Financial Crimes Commission (EFCC).
According to a circular from the Office of the Accountant General on Tuesday, all Ministries, Departments and Agencies (MDAs) must comply with the order within 48 hours.
The circular, which was signed by the Accountant General, Mrs. O.O. Owolabi, is titled: “Stoppage of banking relationship with the Zenith Bank Plc.”
It reads: “The state government has directed immediate stoppage of all banking relationships with Zenith Bank.
“All Ministries, Departments and Agencies (MDAs) are expected to adhere strictly to this instruction and sever transaction with the bank within 48 hours.
“By extension, workers’ salaries cease to be remitted to salary accounts domicilled with the bank forthwith. They are, therefore, advised to supply alternative bank accounts with their respective MDAs for transmission to this office within 60 days.
“Kindly, give the contents of this circular the widest publicity it deserves. The governor is poised to address the state on the matter in due course. Thank you.”
The fear of job loss has gripped Ekiti indigenes working in the bank, especially the main Ado-Ekiti branch on Secretariat Road and the campus branch at Ekiti State University (EKSU).
The EFCC on May 24 froze two Zenith Bank accounts belonging to Fayose for alleged laundering of about N1.2 billion believed to be part of the arms fund from the ex-National Security Adviser (NSA), Col. Sambo Dasuki (retd.)
Fayose claimed Zenith Bank funded his campaign but the bank denied the allegation.
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