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The Lagos

UBA Intensifies N61billion Loan Recovery Drive, Seeks Jail Term For WEMPCO Directors

UBA Intensifies N61billion Loan Recovery Drive, Seeks Jail Term For WEMPCO Directors
Photo: Nairametrics · view original

United Bank for Africa (UBA) Plc has asked a Lagos court to send nine people linked to Western Metal Products Co. (WEMPCO) to prison. The bank alleges that they forced a court-appointed receiver out of the steel group’s Ogun State factory and the application is the latest step in UBA’s effort to...

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