NDIC to re-arrest absconded directors of failed banks, MFBs  

NDIC to re-arrest absconded directors of failed banks, MFBs  

 The Nigeria Deposit Insurance Corporation (NDIC) through the Task Force on the Implementation of the Failed Banks Act is planning to re-arrest for prosecution, directors and officers of licensed banks and microfinance banks who had committed banking malpractices and had absconded.    The move will affect 15 former directors of Microfinance Banks, and two former…

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