The Managing Director of Infinity Microfinance Bank Limited, Mrs Clara Oloniniyi, has denied the report that her financial institution is enmeshed in fraudulent and slavery practices.
It was earlier reported that the bank is known for “lacklustre treatment of staff, colossal violations of human right and fraudulent acquisition of wealth.”
A staff of the company, who spoke under condition of anonymity, explained that “Trust me, every staff of this bank are dying in silence. Once you are sacked from work, you will be forced to repay the loans of customers you were handling. Meanwhile, they would still recoup the loan directly from such customers. That is after they would have detained the staff in police cell for several days. Labour unions and other human rights organisations need to beam their searchlight into the activities of this bank.”
Meanwhile, in a phone conversation with our Correspondent, Mrs Oloniniyi denied the allegations, claiming that only who were caught with fraudulent practices have been taken to the police station.
She hinted that: “By the grace of God, if we have not been doing our job professionally, we would not have been in business for over 10 years and grown to have over 19 branches in Lagos State. Any staff that defrauds the bank will have to face the law, and of course write an undertaking on how such money will be paid back.
“As at today, we have over 250 employees, and there has never been anytime we disappoint our customers regarding their money. Unlike other organisations, we don’t even owe staff salaries,” she added.