LINCOLN, Neb. (AP) -- Federal admiral accept banned a above admiral of Omaha State Coffer from cyberbanking indefinitely.
The Federal Deposit Insurance Corp. says Michael Dahir, who served as the bank's admiral and CEO from 1988 until 2012, breached his fiduciary assignment to the coffer and acquired it to acquire losses.
The FDIC hit the coffer with a accord adjustment in March 2012, afterwards award 20 areas in which it said the coffer bare to advance administration and/or supervision. The coffer after alloyed with addition Omaha bank, Centennial to anatomy Core Bank.
The Lincoln Journal Star letters ( http://bit.ly/1qNVfYg ) that in its adjustment appear Friday, the FDIC additionally ordered Dahir to pay a civilian amends of $70,000.
Dahir agreed to both the ban and the accomplished after acceptance any wrongdoing.
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Title : Ex-Omaha coffer admiral banned from banking
Description : LINCOLN, Neb. (AP) -- Federal admiral accept banned a above admiral of Omaha State Coffer from cyberbanking indefinitely. The Fede...