The sacked governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, allegedly used his proxies to acquire the Union Bank of Nigeria (UBN), a report by Jim Obazee, the special investigator appointed by President Bola Tinubu has shown. The late Alhaji Ismaila Isa Funtua, an ally of former President Muhammadu Buhari, was also fingered alongside Emefiele in the acquisition of Keystone Bank and Polaris Bank. The acquisitions were carried out separately over time as seen in the report submitted to President Tinubu on December 20, 2023.
CBN: Probe unveils web of fraud in sale of 3 banks by Emefiele
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Can Titan Re-enact STB/UBA Feat in Union Bank after Acquisition?
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