Court restrains bridge banks from mgt of nationalised banks’ assets

Started by newswarrior, Nov 16, 2011, 10:02 PM

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newswarrior

Nov 16, 2011, 10:02 PM
A Federal High Court sitting in Lagos, yesterday, restrained Mainstreet, Keystone and Enterprise Banks, which inherited the assets of the three nationalized banks from further dealing in the assets, businesses and operations of the defunct banks pending the determination of the suit filed by some aggrieved shareholders of the banks. The three nationalised banks are Afribank Plc, Bank PHB Plc and Spring Bank Plc.

Attribution: NationalMirror, SaharaReporters & Vanguard.
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