“In recent years, there has been an increase in similar false allegations against LAPO MFB by persons who are pursuing an agenda.
“Notably, one of the false stories was peddled by the same individual in the latest video making the rounds. LAPO MFB is exploring legal options against such purveyors of fake news, demarketing and other unethical practices,” it added. The bank further noted that while it encourages beneficiaries of LAPO MfB loans to comply with the terms of their agreement by making prompt payments, it also pays attention to customers facing legitimate financial difficulties.
In an earlier report, a middle-aged woman, known as Mama Dada, reportedly set herself ablaze in her rented apartment over her inability to offset a loan of N70,000 she allegedly took from LAPO. It was gathered that the deceased got burnt beyond recognition as the entire building located at the Oke-Keesi, Itoko area of Abeokuta was razed.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
LAPO could frustrate customers.
The LAPO people, I've never seen one who gets money from them that's able to pay, could there be more?