The Nigeria Deposit Insurance Corporation, NDIC, has announced the commencement of the sale of landed properties and chattels belonging to the defunct Heritage Bank.
This move aims to facilitate the timely distribution of liquidation dividends to uninsured depositors of the failed bank.
According to NDIC, the sale will take place at 36 locations nationwide starting December 4, 2024, and will be conducted through competitive bidding.
Buyers must follow specific guidelines to ensure transparency and fairness, with the proceeds used to pay liquidation dividends to eligible claimants.
