Nigeria new generation bank, Keystone Bank is currently in hot soup as there is currently an allegation of Billions of Naira fraud against one of their top boss.
These are not the best of times for Keystone Bank Limited and its managing director/chief executive officer, Mr. Phillip Ikeazor as the House of Representatives on Monday urged the Economic and Financial Crimes Commission to commence investigation into an alleged illegal movement of N4 billion from the Industrial Trust Fund’s account domiciled with the lender.
Rep. Ibrahim Baba, the Vice Chairman, Public Accounts Committee, House of Representatives, made the call following a query issued by the office of the Auditor-General of the Federation.
According to the query dated December 2010, a total sum of N4.2 billion was illegally moved three times in November from ITF account to other accounts.
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