CBN Rejects Request to Delay Appearance of Titan Trust Bank Chairman and Investors

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CBN Rejects Request to Delay Appearance of Titan Trust Bank Chairman and Investors
CBNTitan Trust BankUnion Bank
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The Chairman of Titan Trust Bank (TTB), Tunde Lemo, and the two major investors in the bank have been requested to appear before the Special Investigator regarding TTB's acquisition of Union Bank. However, their request to delay the appearance has been rejected by the Chairman of CBN, Jim Obazee.

The Chairman of Titan Trust Bank (TTB), Tunde Lemo, and the two major investors in the bank have been requested to appear before the Special Investigator regarding TTB's acquisition of Union Bank . However, their request to delay the appearance has been rejected by the Chairman of CBN , Jim Obazee. The special investigator's report suggests that former Governor of CBN , Godwin Emefiele, used ill-gotten wealth to acquire Union Bank and Keystone Bank through proxies.

Mr Lemo and the two investors have been asked to provide further clarifications on the controversy

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CBN Titan Trust Bank Union Bank Special Investigator Acquisition Controversy

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