Customers of First
Bank Nigeria Plc, New Ring Road Branch, Ibadan were today forced out of the
banking hall around mid-day by the officials of Nigerian Communications
Commission (NCC) over illegal use of frequency.
The development
caught both the customers and staff unaware as they were all forced out of the
banking hall after the staff were ordered to shut down the systems.
Prior to the order,
there were verbal altercations between the NCC team and the senior officials of
the bank.
The operation of the NCC described as cleaning up of the frequency was led by the National Head of Enforcement of the Commission, Efosa Idehen, who said the use of illegal frequency by the bank was denying the Federal Government the necessary revenue.
He explained that the action of NCC was supported by its 2003 Act, Section 130-133, which specified that frequency band 5.40 -5.75GHZ should be licensed before use, but, which the bank was using illegally and which informed the court warrant obtained before coming for the operation.
The branch Operations Manager (names witheld) was subsequently arrested by men of the police force, who had accompanied the enforcement team to the branch and taken to Iyaganku Police Station.
Idehen told journalists that his organization had been warning the culprit since April last year, but noted that the bank did not heed the warning and assured that the bank would be charged to court according to the law.
The NCC boss said, "part of our problem in the country is that we don't test our laws, but, in this case, we are going to put our regulatory law to test and through that build a body for our law. It will become a reference point or precedent to be cited in the future".
The operation of the NCC described as cleaning up of the frequency was led by the National Head of Enforcement of the Commission, Efosa Idehen, who said the use of illegal frequency by the bank was denying the Federal Government the necessary revenue.
He explained that the action of NCC was supported by its 2003 Act, Section 130-133, which specified that frequency band 5.40 -5.75GHZ should be licensed before use, but, which the bank was using illegally and which informed the court warrant obtained before coming for the operation.
The branch Operations Manager (names witheld) was subsequently arrested by men of the police force, who had accompanied the enforcement team to the branch and taken to Iyaganku Police Station.
Idehen told journalists that his organization had been warning the culprit since April last year, but noted that the bank did not heed the warning and assured that the bank would be charged to court according to the law.
The NCC boss said, "part of our problem in the country is that we don't test our laws, but, in this case, we are going to put our regulatory law to test and through that build a body for our law. It will become a reference point or precedent to be cited in the future".
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