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How Stanbic IBTC misreported its expenses – FRC

By Gabriel Omoh & Babajide Komolafe The Financial Reporting Council (FRC) Monday suspended the Chairman of Stanbic IBTC Holdings, Mr. Atedo Peterside and three directors of the company from signing any financial statement, over allegations of improper discloses in the financial statement of the bank for 2013 and 2014. These include the Managing Director/Chief Executive,
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