Business

Defunct Skye Bank Directors, Others Under Probe—NDIC

The Nigeria Deposit Insurance Corporation and the Central Bank of Nigeria are monitoring the investigations by law enforcement agencies against the directors and management of the failed Skye Bank Plc.

The move is to determine their culpability in the failure of the bank.

The Managing Director and Chief Executive of the NDIC, Umaru Ibrahim, said this at the opening ceremony of the Corporation’s 2018 Sensitisation seminar for Federal High Court Judges in Abuja.

It will be recalled that Skye Bank has since changed to Polaris bank after the take over by AMCON.

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