Tuesday 18 December 2018
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businessdaily - 6 month ago

Lawsuits for failed banks executives

THE Deposit Protection Corporation (DPC) has sued directors of four failed banks for lack of corporate governance and abuse of depositors funds.Last year, the deposit protection entity said that it had started taking legal action against shareholders and directors of banks whose institutions collapsed owing to corporate governance shortcomings and corruption.In an interview DPC chief executive of...

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