Bank manager takes his own life over unpaid loans in Oyo

Sola Ogungbe, the manager of SEAP Microfinance Bank in Saki, located in the Oke-Ogun area of Oyo State tragically takes his own life due to issues related to loan facilities in the state.

The unfortunate incident occurred on Wednesday at Ogungbe’s residence in Iseyin, within the Iseyin Local Government Area of the state, The Punch reported.

Additionally, it has been revealed that the manager had extended loan facilities to certain customers, but they were unable to repay the amounts back into the company’s account.

An eyewitness stated, “The victim’s wife was called by a staff member of the company because the deceased had not been reporting at his workplace over the loan default crisis.

“But unfortunately, when she got home to report the call to her husband, she met his corpse on the floor.”

A friend of the deceased, who preferred not to be named, said, “Sola made a mistake by taking his life, as he was supposed to have discussed his problem with his friends.

“The issue of suicide is becoming alarming. He 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.

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

The remains of the deceased have been transported to his hometown in Omu-Aran, located in Kwara State, where he will be laid to rest.

At the time of this report, attempts to reach the state Police Public Relations Officer, Adewale Osifeso, for a statement proved unsuccessful, as calls and messages to his phone went unanswered.