Those banks were acquired by CBN officials with ill gotten wealth by proxy.
I sincerely hope the investigator will be allowed to beam his search light in the direction of those managing NNPC. After he is done with Emiefele, Kyari should be next.
A lot of corruption in the oil sectors too.
“CBN Investigator Summons Lemo, Others Over Acquisition of Union Bank - TVC News Nigeria”