Section 27: Special examination

(1) The Governor may at any time appoint two or more qualified persons to make a special examination of the books and affairs of a bank under conditions of secrecy where the Governor is of the opinion that a bank-
(a)
may be carrying on business in a manner detrimental to the interest of its depositors and creditors;
(b) may be contravening the provisions of this Act;
(c) may not be complying with the directives given by the Central Bank of Nigeria or the Board.
(2) The Governor shall have power to order that expenses incidental to an examination or investigation be paid by the bank examined or investigated.