NDIC seeks recovery of N125.38bn assets linked to defunct Gulf Bank

Nigeria Deposit Insurance Corporation, acting as liquidator of the defunct Gulf Bank Plc, has filed two separate suits against Wema Bank before the Federal High Court in Lagos over disputed Banana Island properties valued at about N125.38 billion and an alleged unauthorised N401 million payment. The post NDIC seeks recovery of N125.38bn assets linked to defunct Gulf Bank appeared first on Tribune Online .

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