He was appointed Chairman of an ad hoc committee to investigate the controversial closure of Savannah Bank by the Central Bank of Nigeria.
In June 2009 the Nigeria Deposit Insurance Corporation (NDIC) and the Central Bank of Nigeria (CBN) restored the license of the Savannah Bank, in which Jim Nwobodo holds a major stake, in compliance with a February 2009 Appeal Court ruling in Abuja.
and Shettima Mustapha, a Federal Minister and board member, but not a shareholder.
World Bank | Bank of America | West Bank | Savannah, Georgia | Deutsche Bank | Bank of England | International Bank for Reconstruction and Development | African Development Bank | Savannah | Asian Development Bank | Inter-American Development Bank | bank | South Bank | Lloyds Bank | Lloyds Bank (historic) | European Bank for Reconstruction and Development | National Australia Bank | Chase (bank) | West African Development Bank | State Bank of India | Canadian Imperial Bank of Commerce | Royal Bank of Canada | Commonwealth Bank | Bank of New Zealand | Bank of Montreal | Bank for International Settlements | M&T Bank Stadium | Federal Reserve Bank of New York | Federal Reserve Bank | European Central Bank |