Former Afribank And Bank PHB MDs Paid N800m And N650m Into Their Pockets As Severance Allowance +How They Stole Billions from The Banks
It is no longer news that the Federal Government through the Nigeria Deposit Insurance Corporation (NDIC) assumed ownership of Afribank, Bank PHB and Spring Bank via the “Bridge Bank” mechanism following the revocation of their licences by the Central Bank of Nigeria (CBN). This means the three banks will still be open to customers and…