BREAKING! President Buhari already briefed of nine (9) banks who hide $2.1bn of NNPC fund diverted from being passed through TSA

BREAKING!
President Buhari already briefed of nine (9) banks  who hide $2.1bn of NNPC fund diverted from being passed through TSA

.....and sanctions  already imposed on the 9 banks - ChannelsTV

Putting this in perspective, $2.1bn @ N320/$ =  N672bn.

This is approx. 37.0% of the total N1.8tn earmarked for capital expenditure in 2016 budget and almost at par with the N691bn Federal Allocation shared by the FAAC in July 2016.

9 Banks hiding this huge amount of money that belongs to FG and some people  are saying  Buhari hould slow down on corruption.

Dear Buhari;  fire on.

In other NEWS!

President Muhammadu Buhari has directed the suspension of 9 Banks from all FX markets for hiding and failure to remit NNPC $2.12 billion which is equivalent to N672 billions @320 exchange rate into Government Coffer.
The banks are;

1. Keystone Bank

2. Diamond Bank

3. Fidelity Bank

4. Skye Bank

5. Sterling Bank

6. UBA

7. FBN

8. FCMB

9. Heritage Bank.

They will all be allowed to return to NGR FX market operations once they pay-up NNPC $ 2.12 billion into Treasury Single Account (TSA)