Heritage bank; Societe Generale bank

February 14, 2013
1 min read

In recent weeks, the new Heritage Bank, successor to Societe Generale Bank, finally began paying depositors, whose monies have been held up since the bank closed shop in 2003.

The story of Societe Generale and individuals behind its collapse must be convincingly told someday soon.

But we must rejoice with Nigerians able to get their funds, without forgetting the scores who lost all, including their lives, while waiting.

It is good to pay depositors, but Heritage Bank should not forget to pay the entitlements of members of staff who have been out of their jobs since 2003. It will be a fitting way to pay their loyalty and stoicism.

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