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Nairaland Forum / Nairaland / General / Business / Bank Md Loots N97bn • Invests N12bn Depositors’ Funds In Personal Firm (635 Views)
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Bank Md Loots N97bn • Invests N12bn Depositors’ Funds In Personal Firm by dafman10(m): 9:38am On Sep 23, 2009 |
Following the second round of banks’ audit exercise conducted by the Central Bank of Nigeria (CBN), officials of the apex bank found that a managing director (name withheld), whose shareholders have strong political influence in the current administration, allocated to himself share capital of N85 billion that is yet to be paid up. http://www.sunnewsonline.com/webpages/news/national/2009/sept/23/national-23-09-2009-001.htm Can you imagine names withheld. |
Re: Bank Md Loots N97bn • Invests N12bn Depositors’ Funds In Personal Firm by koolchicco: 10:38am On Sep 23, 2009 |
dafman10: The name will be exposed in due course.I Think! |
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