Obazee Report: CBN Dissolves Boards and Mgt Teams of Union Bank, Keystone, Polaris and Titan Trust

Obazee Report: CBN Dissolves Boards and Mgt Teams of Union Bank, Keystone, Polaris and Titan Trust
Yemi Cardozo
The Central Bank of Nigeria has dissolved the Boards and Management Teams of about four new-generation banks in Nigeria.

The affected banks include Titan Trust Bank, Union Bank, Keystone Bank, and Polaris Bank.

The apex bank in Nigeria took this decision after a meeting between the Governor of the CBN, Yemi Cardoso, and Jim Obazee, the special Investigator employed by President Bola Ahmed Tinubu to audit the activities and operations of the apex bank under the administration of Godwin Emefiele as the bank's Governor.

Details behind the decision taken by the CBN have not been unveiled but The Round Table understands that the affected banks might have been involved in a financial scandal, most especially, the corruption tied to the multiple exchange rate under Emefiele's tenure as CBN Governor.

Category: World-News
Tag: Obazee Report CBN Dissolves Boards and Mgt Teams of Union Bank Keystone Polaris and Titan Trust
Written by Author (author)
Published 1/10/2024 9:33:29 PM

Join us on:
Facebook | WhatsApp Community
| Twitter| WhatsApp Channel
How would you react to this story?
Thump Up Thumb Down
Thumb Up Thumb Up
0 0

Trending News

Ownership Crisis Rocks Benin City as Igodomigodo Asks Oba of Benin to Return To Ile-Ife

Many Fear Dead As Flight Vehicle Fell in Makurdi

Lady Runs Mad After She Was Dropped From A Tricycle By Suspected Yahoo Boys

Uproars as Suspected Yahoo Boy Brags 100 Nigerian Policemen Guide Him Daily

Aregbesola Dragged for Violating State Policy At Iwo Ramadan Lecture

First Class Graduate Die After Completing 21-Day Fasting Allegedly Ordained By Her Pastor To Cure Ailment

Obi Cubana Share Touching Story When His Wife Paid His Price

Divorced Single Mother of One Shares How Family and Pride Made Her Loose Her Husband In A Sorrowful Way

Uproars As A Pastor Said God Failed Wigwe Despite Dashing Church One Billion Naira

Wigwe and Mr. Ibu Died of Inherited Curses, Apostle Suleiman Revealed

Load More

You cannot submit comment on this topic because you are not currently login. You can choose to Login or Create an Account then you are good to join the discussion.

Author Author (Entrant )
3 months ago
0     0     0 Replies    

Most Recent Comments         Load More Comments

Free CBT Exams
Take Exam