- Titan Trust Bank has debunked reports that its acquisition of Union Bank and Keystone Bank was fraudulently made
- The bank said it followed due process and obtained relevant regulatory approvals for the purchase of the banks
- Jim Obazee, the special investigator appointed by President Tinubu, had accused Emefiele of using proxies to acquire the two banks
Pascal Oparada has over a decade of experience covering Tech, Energy, Stocks, Investments, and Economy.
Titan Trust Bank, on Saturday, December 23, 2023, reacted to the special investigative report by the Jim Obazee-led panel into the activities of the Central Bank of Nigeria (CBN) under Godwin Emefiele, stating that there was no fraud in the acquisition of Union Bank.
