Wednesday, 17 October 2018

'i Introduced ATM About 25 Years Ago' - Sen. Bukola Saraki & He Also Condemns The Exorbitant Bank Charges

Senator Bukola Saraki

The Senate President, Dr Bukola Saraki has claimed that he introduced Automated Teller Machine (ATM) in Nigeria about 25 years ago when he was the chairman of Society Genérale Bank before other Banks started using it.

The Senate President made this known on Wednesday when he was giving his remark on a motion, "Illicit and excessive charges by Nigerian Banks on customers account with particular focus on Automated Teller Machine (ATM) maintenance and withdrawal charges", sponsored by Senator Olugbenga Ashafa representing Lagos East Senatorial District.

According to Saraki, "I quite agree with the motion sponsored by Gbenga Ashafa over the expiration of ATM users, after all, the use of ATM is not a new thing to Banks. I first introduced ATM about twenty-five years ago."

The Senate President expressed deep concern over unnecessary charges by banks when customers use their ATM, adding that when he introduced ATM services as the chairman of Society Genérale there was nothing like unnecessary charges.

Remember that Society Genérale later transformed into Trade Bank but later liquidated.

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