According to Cable News, the commercial bank was sold to Sigma Golf Nigeria Limited and Riverbank Investment Resources Limited.
Company sells Keystone bank to consortium
There were allegations that AMCON’s chairman, Ahmed Kuru, was planning to sell the bank to some powerful Northerners.
Keystone Bank banking hall
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![Zimbabweans have 21 days to exchange old banknotes for new ones (image used for illustration) [Reuters]](data:image/svg+xml;charset=utf8,%3Csvg%20xmlns%3D'http%3A%2F%2Fwww.w3.org%2F2000%2Fsvg'%20width%3D'100'%20height%3D'100'%20data-ring-placeholder%3D'1'%3E%3C%2Fsvg%3E "Zimbabweans have 21 days to exchange old banknotes for new ones (image used for illustration) [Reuters]")
Reports also alleged that the bank was supposed to be secretlyhanded over to a company owned by a former Vice-President of Nigeria, Atiku Abubakar.
AMCON also sold Mainstreet Bank Limited to Skye Bank Plc, and Enterprise Bank Limited to Heritage Bank.
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Keystone bank, formerly known as the Platinum and Habib bank (PHB), was granted banking license on August 5, 2011, by the Central Bank of Nigeria (CBN).
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