Aggrieved workers of former Oceanic Bank, on Friday, paralysed activities at the various branches of the bank in Lagos, including the Head Office on Ozumba Mbadiwe Street, Victoria Island.

The workers, who were recently disengaged by the new owner of the bank, Ecobank, said their action was necessitated by the decision of the new owners to pay them a paltry sum of money as severance package.

The protesting workers in their hundreds, who are mainly from the Oceanic Security, accused Ecobank of shortchanging them, stressing that their efforts to get the new management to address their grievances proved futile as they were rebuffed.

With this development, customers of the bank were unable to transact business in the branches located on Lagos Island.

It was gathered that the bank wanted to pay the disengaged staff N40,000 per annum across board to disengaged staff recruited by Oceanic Security, a subsidiary of Oceanic Bank.

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