Tension In Osun state Over Sale Of Property by new generation bank

Alleged plan by a new generation bank to sell its property located at the premises of the palace of the Ogiyan of Ejigbo in Osun State has started creating tension in the community.

It was gathered that a branch of Skye bank located at the premises of the Ogiyan relocated to Ede few years back following incessant attack on the bank by armed robbers.

Speaking to newsmen in his palace, Oba Omowonuola Oyeyode Oyesosin, said the town was against the sale of the property because the land on which the building was sited was donated to the bank to boost the economic activities of the widely travelled Ejigbo people.

The monarch said Ejigbo community in 1980 gave the land to Cooperative Bank to establish its branch adding that the community is only favorably disposed to the reopening of the structure for banking purpose and nothing else.

Oba Oyesosin pleaded with the management of the bank to reopen the branch with assurance that Osun State government has assisted security agencies in providing adequate security for banks in all the nooks and crannies of the state.

Alhough there are two microfinance banks operating in Ejigbo, Skye bank, sited in front of Ogiyan of Ejigbo’s palace, is the only commercial bank in the town.

Ogiyan further explained that, “For more than 20 years, Cooperative Bank operated the branch without any incident of armed robbery attack until the merger and acquisition took place and Skye bank took over.

“I gave the land on which the structure that housed Cooperative Bank and later Skye Bank from the parcel of land belonging to the palace. In fact, some structures had to give way without compensation paid before we could carve the land out for them.”

On steps the community had taken to prevent the matter from degenerating further, Ogiyan, in one of the letters written to Skye Bank management.

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