Wednesday, November 21, 2012

Ex-banker On Hunger Strike Over Terminal Benefits

Olubiyi Odunaro, a 53-year-old former employee of Hallmark Bank Plc., has embarked on hunger strike to protest against non-payment of his terminal benefit.
Besides, the ex-banker has turned a garden on Mobolaji Bank-Anthony Way into his new home, vowing to remain there until he is paid his benefits.

Hallmark Bank was one of the banks which did not meet the Central Bank of Nigeria’s recapilatisation policy in 2005 resulting in its folding up.
Odunaro, a senior manager of the defunct bank, said he began the hunger strike on November 12.
He explained that he embarked on the protest to expose the insensitivity of the Federal Government to pay the terminal entitlements of over 14,000 employees of the 14 banks that failed to meet up with the recapitalisation policy.
He said that “Thirty-eight people from just three banks that I know of have died and one of the employees of Hallmark Bank committed suicide in Aba, Abia State, as a result of his inability to eke out a living.”

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