Poly Lecturers Petition ICPC Over Alleged Breach By Insurance Company

Poly Lecturers Petition ICPC Over Alleged Breach By Insurance Company

..”if they like, they can go to National Assembly”…company boss


A petition has been written to the Independent Corrupt Practices and other Related Offences Commission (ICPC, by four Polytechnic Lecturers against Insurance giant, A&G on alleged breach of contract by the company.

The lecturers, who are staffers of the Federal Polytechnic, Ilaro in the petition implored the anti-graft commission  to compel, the management of A & G insurance company, Nigeria to settle their claims which they claimed are long overdue.

The petitioners which include Engr. Olufemi Adewale Osore , Dr. Oladipo Oludare Okege, Mr. Olaogun John Akande and Adelusi Abosede Ifeoluwa, made  the duly signed petition available to Journalists in Ibadan on Sunday,

It (petition)  reads in part; “we undertook life insurance policies with A & G insurance company for a period of fifteen years (15 years); and our policies have matured for over four months.

” The Management of the company did not deem it fit to correspond with us individually on this matter. Efforts by us to reach the management of the company have met with hostility or at best gross display of non-chalant attitude.

“We invested with A & G Insurance Company through thick and thin and in utmost good faith for fifteen (15) unbroken years”. the statement added.

” Sir, the nonchalant attitude of A & G insurance management over this matter is giving us serious concern about the future of our country, Nigeria. And since it is within your purview to check blatant abuse of office of this nature, we find it imperative to solicit for your prompt and positive intervention on this matter. ”

However, while reacting to the matter, the Managing Director of A & G insurance company, Mr. K. Ajibowo, who admitted that the staff of the Federal Polytechnic Ilaro were the clients of his company A & G insurance company, explained that the lecturers are on life insurance policies and that to effect payment, their claims need exhaustive, proper verification before settlement.

He however, accused the lecturers of being impatient and that they have been threatening the management for long.

His words;  “majority of the staff of the Federal Polytechnic Ilaro including the lecturers are our clients. Some of them holds life insurance policies.

” I was with them about three months ago and I explained to them that they should be patient with us. The know our office, we are not running away.

”We need to check their records properly. By so doing, we must follow due process to be sure we did not over pay or short pay.

”These lecturers are not patient. They have been threatening us that they will go and report us to EFCC, ICPC. If they like, let them go and report us to the National Assembly. We must follow due process before paying them .” he said.