SKYE Bank/POLARIS Bank: A ‘PENTASCOPE’ Abracadabra

September 29, 2018

When things are technical, there is a limit to the kind and quality of questions one is capable of asking. The day I saw Mr Godwin Emefiele, Governor of Central Bank of Nigeria, announced on television that Skye Bank had (technically) transformed to Polaris Bank something told me a lot must have been wrong somewhere.

I cannot claim to know much about Skye Bank but I go by what i know about the antecedents of at least one of those who sat atop its Board of Directors in the past. Tell me who such people are, I will tell you what I expect such corporate bodies to be. I do not have to know banking to make my own forecasts, guesses and uninformed conclusions on such matters as in circumstances we have now.

The moment I see Government itself going the ‘pentascopic’ trajectory in the matter of managing the consequences of a failing irritant whithin the financial system, my conclusion is that there is more to see than the eyes can see.

I am just wondering who can provide answers to questions such as why the Corporate Affairs Commission would issue a public notice as meaningless as the one posted on its website on September 24, 2018?

PUBLIC NOTICE – RE: POLARIS BANK LIMITED: RC 1525101

Who can tell me where to read ‘the whole story’ about this story?

Have you read this?
https://www.proshareng.com/news/REGULATORS/SkyeBank—The-Rise–The-Fall-And-The-Bridge/41946

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