The headquarters of Oceanic Bank on Ozumba Mbadiwe Street, Victoria Island, was shut following protest by disengaged staff rejecting the severance money offered them by the bank.
P.M.NEWS gathered that hundreds of staff of the former Oceanic Bank, which were recruited by Oceanic Security have been laid off.
Policemen took over the gate of the Oceanic Bank Headquarters as staff protested the proposed poor severance package Ecobank intends to pay them.
It was gathered that the bank wanted to pay the disengaged staff N40, 000 per annum across board to disengaged staff recruited by Oceanic Security, a subsidiary of Oceanic Bank.
What this means is that workers who have spent eight years working for the former Oceanic Bank will take home a paltry N320, 000 for all the years spent working for the bank.
The workers said they would only agree to be disengaged if adequate package was paid them, while rejecting what they called peanut offered by the bank to them.
Also, as at this morning, almost all Oceanic Bank branches were shut to workers and customers as customers could not withdraw or deposit any money as a result of the crisis rocking the bank.
The Oceanic Bank branches at Secretariat, Alausa; Amuwo-Odofin and others were shut, while security officers turned customers back.
A staff of the bank, who craved anonymity, said activities had been completely paralysed in all branches of the bank, including the headquarters taken over by policemen.
He said the management of the new bank offered to pay the workers a paltry amount of money as severance allowance, saying that it was completely unacceptable.
According to him, Oceanic Bank had about 300 branches and that staff recruited by Oceanic Security in most of the branches had been laid off, while the new owner had brought in its own staff to occupy the positions of the disengaged workers.
“Right now, in all the branches, things have collapsed. There is no network in all the branches right now and work is not going on,” he said.
Another staff of the bank, who also craved anonymity, told P.M.NEWS that the severance package proposed by the new owner of the bank was too small, saying that those laid off could be in thousands.
When contacted, the Corporate Affairs Manager of Ecobank, Michael Joseph said he could not speak for the Managing Director, saying that the bank would soon issue a press statement on the matter.
There are fears that more workers will lose their jobs in the wake of banking reforms and mergers.
| Posted: at | |
silviabells
verah
Diamond4u
denmal
EMMYBOSS
Tomnwakor
Idbabe
Simon-Zeletus
Barshkid
ice2002
sonjohn994
Senegal
agbonson
reallarry
TRENDING GISTS 
Police Parade One-Man Interstate Phone Thief, 10 Others In Kwara
VID: Singer Paul Okoye Cries Out Over The Struggles Of House Chores In The UK
VIDEO: Unrest In Plateau As Gunmen Kill University Student, 19 Others 20 In Fresh Attack
Mayorkun Slam Nicki Da Barbie With N1b Lawsuit For Damaging His Reputation, Accusing Of Been A Rapist
Jubilation in JUTH As 49 Year Old Woman Welcomes Quadruplets After 15 Years of Waiting
Davido Collaborates With UnitedMasters To Launch New Music Label
New Super Eagles Head Coach Will Be Announced in Two Weeks - Sports Minister Reveals
Nina Ivy Recounts Her Delivery Journey as She Celebrates Her Son’s 4th Birthday (Video)
Singer Portable Slams His Wife, Bewaji, For Excluding Him From Her Birthday Message To Herself
Banner Calling Out "Home Wrecker" With Her Face & Work Place Display On Plastered By A Roadside
How Bandits Storm Kaduna Community In Fresh Attack, Killed 23 Persons