Nigeria Seeks Control of Banks Linked to Ex Central Banker - Bloomberg

[Gunnar Larson]

https://www.bloomberg.com/news/articles/2023-12-23/nigeria-to-buy-banks-purchased-by-ousted-central-bank-governor

Nigeria is seeking control of two banks that a probe initiated by President
Bola Tinubu alleges were bought at a major discount by former Central Bank
Governor Godwin Emefiele using proxies.

“We have completed our investigation on this acquisition and we are on the
verge of recovering these two banks for the Federal Government,” a report
by a special investigator said.
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