Fidelity Bank and the Non Academic staff union NASU of the University Ibadan chapter are in a financial quagmire.
The bank allegedly issued the Non Academic Staff Union NASU loan for the institution staff some months ago, the loan is meant to run for two years and its servicing ought to have been done with by now.
But the financial institution and the management of the union are reportedly not fair and transparent with their fellow colleagues in the dealings of the loan, as the staff in service were told would have to pay for the leftovers of the retired staff who refused to pay up their loan before their retirement and have already spread the outstanding on others.
This position was however kept away from them until they were confronted with this reality in the bank.
The NASU chairman, Comrade Abiodun Rasaki Omisore, who allayed the fears of his colleagues that they are going to get to the root of the issues, allegedly joined hands with some staff of the bank to defraud them.
