The Nigeria Deposit Insurance Corporation NDIC, has announced plans to sell off properties and assets belonging to the defunct Heritage Bank in a bid to recover funds for uninsured depositors.

The transparent and fair exercise, scheduled to start from Wednesday 4th December 2024, will involve competitive bidding for the bank’s landed properties and chattels located at 36 sites nationwide.

Interested bidders are required to submit their sealed bids, accompanied by a 10 per cent bid security deposit, at designated NDIC offices in Abuja, Lagos, Bauchi, Kano, Enugu, and Port Harcourt.

The NDIC further revealed that prospective buyers would be granted access to inspect the properties and assets at their respective locations before making their bids.

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