The All Progressives Congress [APC] has alleged that the mass retrenchment in the banking and other sectors was orchestrated by “certain disgruntled persons to blackmail and discredit the APC government.
The national auditor of the party, Chief George Moghalu who made the allegation in a chat with Daily Sun at the party’s headquarters, on Thursday, June 9, said the enemies of the APC were behind the mass retrenchment in the banking sector.
He described the mass retrenchment by banks as deliberate plan blackmailers to create a situation of uncertainty and unnecessary frustration of the system.
He said:“Government has told them to stay action on the sack of staff or face the consequences. I don’t know why the banks should be sacking, we need to ask what has happened to the profit they have been amassing in the past.
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