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sterling bank accuses miden systems of harassment and debt evasion tactics

Sterling Bank Limited has petitioned the Inspector-General of Police over alleged harassment by Miden Systems Limited and its director, Dr. Brendan Usoro, following a court ruling mandating debt settlement. The bank claims Usoro is misusing political connections and law enforcement to evade financial responsibilities, while Miden Systems has accused the bank of mismanagement and fraud. A recent court ruling dismissed Miden Systems' attempt to overturn the debt judgement, reinforcing the bank's position.
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NGA Maurice Igugu Kunle Ogunbamise
Regulatory & Legal, Press Release
01:58 29.01.2025
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