Lagos - The first day of the much anticipated two-day hearing initiated by the Financial Reporting Council of Nigeria (FRC) on the activities of the Central Bank of Nigeria (CBN) for financial years ended December 31, 2011 and 2012 ended on a dramatic note on Wednesday, reports BusinessDay.
Chief complainant and petitioner, Dr. Erastus Akingbola, refused to make his presentation upon invitation by the investigating panel in Lagos.
Akingbola, a former managing director of the defunct Intercontinental Bank, said that since the subject of his petition is before a court of competent jurisdiction, it would be wrong for him to comment on the same issues before the panel.
Read more at BusinessDay.
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