Home News Microfinance bank manager reportedly commits suicide over N1m loan

Microfinance bank manager reportedly commits suicide over N1m loan

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Microfinance bank manager

Microfinance bank manager reportedly commits suicide over N1m loan

 

A 41 year-old manager of SEAP Micro-Finance Bank Saki, Sola Ogungbe has reportedly committed suicide in his Iseyin home.

Ogungbe was said to have given loan facilities to some customers who defaulted in repayment.

A staff was said to have called Ogungbe’s wife on Wednesday afternoon because the former manager had not been reporting at work over the loan default crisis.

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On getting home to report the call to her husband, the wife met his corpse.

A close friend of the deceased, who pleaded anonymity, said the deceased made a mistake by taking his life instead of discussing the issue with his friends.

He said: “The issue of suicide is becoming alarming, Sola made a great mistake by taking his own life because of debt, if he had shared this issue with his friends, maybe somebody would have come to his aid.

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”Everyone is going through one thing or the other but our survival is anchored upon a communal living and friendship, tell people about your issues, you don’t even know who can help you.”

The body of the deceased has been taken to his hometown in Omu- Aran, Kwara State for burial.

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