A week after the central bank governor Lamido Sanusi announced the sack of the MDs/CEOs of five banks, the banking sector has been in a state of constant flux.
The EFCC announced recently that it had no idea of the whereabouts of the former CEOs of Intercontinental Bank And Oceanic Bank.
Of Oceanic Bank’s Mrs ecilia Ibru nothing is Known of her whereabouts, it was widely rumoured that she tried to flee nigeria in a private plane belonging to Jimoh Ibrahim, Oceanic Bank’s biggest Debtor.
Erastus Akingbola of Intercontinental Bank however is known to have sneaked into London last week when he got wind of his impending sack and despite EFCCs order has not returned to the country.
Erastus Akingbola has gone to court to contest his removal and has sued the Central bank of nigeria for 50 billion dollars

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