The Financial Reporting Council of Nigeria has suspended the
Chairman of Stanbic IBTC Bank Plc, Atedo Peterside; its Managing Director, Sola
David-Borha; and two staff of KPMG, Arthur Oginga and Dr. Daru Owei, over
accounting irregularities and improper disclosures in Stanbic IBTC’s 2013 and
2014 financial statements.
The FRC in a statement on Monday, said Peterside,
David-Borha and the KPMG staff remain suspended until the conclusion of
investigation into the






