Speaking the Nations Mind

FG To Prosecute Those Responsible For Skye Bank’s Failure – Finance Minister

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Finance Minister, Mrs Zainab Ahmed said on Friday the government would prosecute those responsible for the collapse of failed lender Skye Bank, weeks after the central bank withdrew Skye’s operating license.

The banking regulator created a bridge bank called Polaris, fully owned by the state’s “bad bank” to take over Skye’s assets.

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