An ex Minister of Defence, Domkat Bali, has denied being indebted to any bank, saying he never took any loan from Fidelity Bank Plc as claimed by the bank.
The retired army general was listed alongside a pastor and pro-Chancellor/Chairman of the Governing Council of the Redeemer’s University, Tokunbo Adesanya, in a publication by the bank in respect of a N279 million loan facility by Lucratel Limited, a telecommunications infrastructure service provider.
But, in a statement issued by an affiliate of the company and Business Management Consultant, Oluleke Oladogba, Bali vehemently rejected the publication by the bank linking the two men with the loan.
He said Bali, who served at the highest policy bodies in the country at various times as a member of both the Supreme Military Council (SMC) 1984-1985, and the Armed Forces Ruling Council (AFRC) 1985-1990, and Adesanya, who also served as an Executive Director in Guaranty Trust Bank, were never indebted to the bank.
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