Federal Government Has Taken Over Intercontinental Bank And Others. - Business - Nairaland
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| Federal Government Has Taken Over Intercontinental Bank And Others. by Finecat(m): 12:46pm On Aug 14, 2009 |
The federal Government has this morning taking over the affairs of intercontinental Bank and 4 other banks. I have always predicted that this would happen to intercontinental bank. Their MD (Erastus Akingbola) has resigned this morning. I expect him and others to be arrested by EFCC. I have always predicted that Nigerian banks has bitten more than they can chew. |
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