BRAKE FAILURE CITED AS CAUSE OF ACCIDENT INVOLVING SECURITY OFFICERS IN ABIA- FRSC. (PHOTO).

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  The Sector Commander of the Federal Road Safety Corps, FRSC, Abia State Command, Ngozi Ezeoma, has confirmed the death of one security personnel in a single vehicle road traffic collision that occurred on 30th March, 2025, involving a vehicle from the joint task force of Operation Crush, at Isieke along the Umuahia-Bende road. According to Ezeoma in a statement, the accident was caused by brake failure. The vehicle veered off the road and fell into a ditch, leaving eight officers with varying degrees of injury. The injured officers were rushed to the Federal Medical Centre in Umuahia by the Police before the arrival of the FRSC. Unfortunately, the deceased officer was taken to the mortuary. The wreckage of the patrol van has since been recovered from the ditch.

NDIC SEEKS LAWYERS' SUPPORT IN RECOVERING CLOSED BANKS' ASSETS. (PHOTO).


 NDIC Seeks Lawyersā€™ Support in Recovering Closed Banksā€™ Assets


The Nigeria Deposit Insurance Corporation (NDIC) has called on external solicitors to assist in recovering assets from closed banks. NDIC Managing Director, Dr. Bello Hassan, made the appeal at a seminar in Abuja, emphasizing the role of asset recovery in settling uninsured deposits, contractor claims, and liquidation dividends.


He cited the collapse of Heritage Bank, highlighting the complexities of bank liquidation and the need for legal expertise. He stressed that NDIC plays a dual role in litigation, representing depositors and creditors while pursuing debt recovery.


Dr. Hassan reaffirmed that legal support is crucial to fulfilling NDICā€™s mandate, particularly in orderly bank liquidation. He praised external solicitors for their efforts, noting that their contributions have improved legal diligence, judicial decisions, and public awareness of deposit insurance in Nigeria.

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