The Governor of the nation's Central Bank, Sanusi Lamido Sanusi, stated yesterday that the bank has traced about 60 shops in Dubai to one of the sacked bank chief executive officers. Mr. Sanusi disclosed this in his presentation at the ninth meeting of the Honorary International Investor Council (HIIC) at the Banquet Hall of the Presidential Villa, Abuja. He said that efforts are on to recover the property.
"As at this morning, we have been able to trace 45 to 60 shops in Dubai belonging to one of the sacked bank CEOs.
"We are not just following the money, we are also following the property and we are going to pursue everything and bring it back to the country with the support of the international community," Sanusi said.
The CBN governor also disclosed that the Economic and Financial Crimes Commission (EFCC) will, this week, arraign former Chief Executive Officer of Intercontinental Bank, Erastus Akingbola, who has been on the run. "We have filed the charges in the court and we have also prepared charges against one or two of the management staff of the bank; they will be brought to the court," he added.
