Fact is beginning to emerge that Alhaji Umar Modibo is still the chairman and might possibly be the largest shareholder in Keystone Bank.
This puncture the allegation that President Muhammadu Buhari family acquired $1.916 billion in the Bank.
Although, Presidency is yet to official debunked the allegation over shareholder profile of Keystone Bank.
A source in the Presidential medial team told our correspondent that he is yet to get facts on the allegation against the first family.
When contacted, the presidential spokesman, Mr. Femi Adesina, told our reporter, that he had no facts on the story.
An investigation by online media revealed that Modibo in collaboration with Alhaji Atiku Abubakar took over the major shares in Keystone Bank in November 2016.
Information available on the website of the Keystone Bank showed that Modibo is still the chairman of the bank.
Modibo, who is from Adamawa State like Atiku and the president’s wife, is a graduate of Ahmadu Bello University (ABU) founded Sigma Pensions Limited and served as its Managing Director/Chief Executive from 1st February 2011 to 31st October 2016.
