Keystone Bank has taken over Bacita Sugar Company, also known as Josepdam Sugar Company, over its failure to settle a N25,358,203,258.09 debt. Taken over on Tuesday (today), Keystone Bank appointed Yunus Abdulsalam (SAN) as Receiver/Manager of the firm with immediate effect. This development followed an order of the Federal High …
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CBN Constitutes New Board For Keystone Bank, Appoints Additional Executive Directors
THE Central Bank of Nigeria (CBN) has constituted a new board of directors for Keystone Bank Limited (the bank) as part of the strategy to strengthen the bank’s operations for sustained business growth. The apex bank also appointed two additional executive directors for the lender. In a statement by the …
Read More »Fleeing Keystone Bank Staff Member Arrested For Alleged Theft of N35m in Delta
THE Legal Section of Police Special Fraud Unit, Lagos, has filed a four-count charge before the Federal High Court, Ikoyi, Lagos, against one Ebele Bernardine Okpala, a staff member of Keystone Bank Limited. The bank staff member was arrested by the Unit for the alleged fraudulent conversion and stealing of …
Read More »Man Fights Keystone Bank Over N5.9m Unauthorized Withdrawal
An account holder with the Keystone Bank, Bala Ibrahim, has been finding it difficult to meet his financial needs after an erstwhile manager of a branch of the bank in the Agege area of Lagos State, Tijani Saleh, allegedly made an unauthorised withdrawal of N5.9m from his corporate account. Ibrahim, …
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