Reps order banks to unblock Patience Jonathan’s accounts
The House committee says EFCC did not receive a court order before freezing the accounts.
The House committee says EFCC did not receive a court order before freezing the accounts.
The bank had demanded between N10 million and N20 million as costs.
Some of the banks criticised the government for its action.
The Federal Government had accused the state oil company of concealing the funds
The denies concealing the money from the authorities.
The bank says it has also recouped N6.2billion from divestments.
In 2016, the Central Bank shored up Skye Bank with a N100 billion.
The EFCC wants the money permanently forfeited to the federal government.
The convict was given an option of fine.
The EFCC provided some details of how the money was deposited in the Skye Bank account.
The EFCC contends that the funds were reasonably suspected to be proceeds of crime.
The money was initially frozen at the request of the court.
An official told PREMIUM TIMES the resignations were voluntary.
Skye Bank had sought to recover a debt of N2.1billion owed it by Obat Oil and Petroleum.
"The CBN wishes to state, and emphatically so, that it has not liquidated Skye Bank or any other Deposit Money ...
A breakdown of the activity chart on the Exchange showed that investors sold 21.59 million shares of Skye Bank valued ...
In the last few years, the bank has had to trudge through liquidity problems mostly due to non-performing loans.
“Skye Bank thus does not maintain any account nor hold any funds belonging to the PIC as at today."
The CBN recently sanctioned First Bank N1.87 billion for refusing to remit about N37.55 billion belonging to the NNPC.
The Asset Management Corporation of Nigeria formally handed over the management of Mainstreet Bank to Skye Bank Plc on December ...
The privatization of NITEL is the last segment in Nigeria’s telecoms reform process which started in 2000, the communications minister ...
Mr. Idowu says those jostling to buy Enterprise Bank might end up closing some of its branches and reducing staff ...
Both banks declared a better result for 3rd quarter of 2012 than that of 2011.
All content is Copyrighted © 2025 The Premium Times, Nigeria
