CBN Sacks Boards Of Titan Trust, Union, Keystone, Polaris Banks

 

In line with the report and recommendation of the Special Investigator on Central Bank of Nigeria (CBN) and Related entities, Jim Obazee Central Bank of Nigeria (CBN) has dissolved the boards and managements of Titan Trust Bank, Union Bank, Keystone Bank and Polaris Bank.

The decision to dissolve the boards was taken after a meeting between Yemi Cardoso, Obazee, and the board and management of the four banks.

It would be recalled that the investors in Titan Trust Bank refused to honour the invitation to a meeting with the Special Investigator.

Later please…