ZUMAX NIGERIA LIMITED v. First City Monument Bank plc 2017
The question the Nigerian public may ask is this: having inherited responsibility for the frauds of IMB and its Receiver, why would FCMB's board of directors sit by and watch FCMB embarrass itself (and by extension its regulator) in England by pursuing a fraudulent demand for N13.4 billion plus an additional £1.02 million.
See photos below
The question the Nigerian public may ask is this: having inherited responsibility for the frauds of IMB and its Receiver, why would FCMB's board of directors sit by and watch FCMB embarrass itself (and by extension its regulator) in England by pursuing a fraudulent demand for N13.4 billion plus an additional £1.02 million.
See photos below
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