Imo State government through its agency, Owerri Capital Development Authority, OCDA, has sealed almost all the banks in Owerri, the state capital.
Although the government blamed the ban on lack of building plan approval, the banks insisted it was due to the last Monday sit-at-home.
Residents said they woke up yesterday morning to see the banks sealed while customers were seen in front of the banks stranded.
All the banks on Assumpta Avenue popularly known as Bank Road had a sticker with the seal of OCDA and a red tape, except Zenith Bank which is undergoing reconstruction.
The banks affected included United Bank for Africa, First, Heritage, Access, Eco, Sterling, and Polaris banks.
The OCDA sticker pasted on the entrance door of the banks had the following inscriptions: ‘Sealed! Signed: General Manager; No building approval; removal of this sticker without approval from the office will attract a fine of N500,000’.
All the banks in the state had closed for five consecutive Mondays following the sit-at-home declared by the Indigenous People of Biafra, IPOB, as a protest against its leader Nnamdi Kanu being detained by the federal government.
Though IPOB had suspended the sit-at-home order, banks, schools, markets, and business outfits in the state had continued to shut down on Mondays as a precautionary measure.
A source in the bank who pleaded anonymity linked the sealing of the banks to the fact that they decided not to be opening on Mondays for security reasons due to the sit-at-home order.