The Deputy Governor of the Central Bank of Nigeria in charge of Financial System Stability, Aisha Ahmad, has been arrested and detained by the Department of State Services (DSS) over the alleged fraudulent acquisition of shares in Polaris Bank, Titan Bank/Union Bank, including how the sum of $300 million to complete the acquisition of Union Bank was raised by Titan Bank.
In sept 2023 a similar report emerged on line
The Department of State Services (DSS) has kept mum on the reported arrest of the Deputy Governor of the Central Bank of Nigeria (CBN) in charge of Financial System Stability, Aisha Ahmad.
Reports had emerged that the secret police apprehended Ahmad over her alleged involvement in the acquisition of shares in Polaris Bank, Titan Bank/Union Bank.
It was gathered that the banker is being quizzed on how $300 million meant to complete the acquisition of Union Bank was raised by Titan Bank.
Although the details of the arrest are still sketchy, the secret police and the apex bank have not reacted to the reports.
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