Press Release

UNION HOMES SAVINGS AND LOANS PLC IS NOT IN RECEIVERSHIP

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UNION HOMES SAVINGS AND LOANS PLC IS NOT IN RECEIVERSHIP

Our attention has been drawn to an unfortunate publication by one Lanre Olaoluwa dated the 23rd day of March, 2022 claiming that Union Homes Savings and Loans Plc was in receivership.

This is to notify the general public that Union Homes Savings and Loans Plc is not in receivership and is duly recognised by the Central Bank of Nigeria and all regulators of the banking industry.

The said Lanre Olaoluwa fraudulently obtained an order at the Federal High Court on the 24th day of February, 2022 by an ex parte application by which he sought to take over the premises and management of Union Homes Savings and Loans Plc. His fraudulent activities were exposed on the 23rd day of March, 2022 to His Lordship, the Honourable Justice Osiagor of the Federal High Court and His Lordship promptly set aside the order fraudulently obtained.

The general public should note that Union Homes is not indebted to Lanre Olaoluwa or anyone being fraudulently represented by him and neither is Union Homes under any form of receivership. The unscrupulous activities of the said Lanre Olaoluwa have been reported to the appropriate authorities for disciplinary actions and prosecution.

 

 

Editor-in-Chief

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