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Choi! Meet Nigeria’s Chronic Debtors,emeka Offor, Abike Dabiri And More - Politics - Nairaland

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Choi! Meet Nigeria’s Chronic Debtors,emeka Offor, Abike Dabiri And More by Judith100: 9:12am On Aug 04, 2015
There is this new policy of naming andexposing bad debtor by publishing their names and firms. Well this is a list as gotten by punch newspaper;
Nigerian Deposit Money Banks on Monday continued with the policy of naming
and shaming their delinquent debtors with further publication of the names of firms and their directors whose loans have become non-performing for more than one year.

While nine banks published the names of the loans defaulters on Monday, four banks released the lists of their chronic debtors, owing a total of N143.81bn, on Tuesday.

The four banks are First Bank of Nigeria Limited, Access Bank Plc, Diamond Bank Plc and Unity Bank Plc.

The banks, which had published the list of their delinquent debtors on Monday were Zenith Bank Plc,
Guaranty Trust Bank Plc, Union Bank Plc, Sterling Bank Plc, Skye Bank Plc, Fidelity Bank Plc, Stanbic IBTC Bank, Heritage Bank Limited and Enterprise Bank Limited.

First Bank, which has its total amount of non-performing loans as N43.72bn, published 92 names of delinquent debtors.

The first five companies on the lender’s list owe a combined sum of N23bn. These are:

Ajaokuta Steel Company Limited,
Starcomm Plc;
BGL Securities Limited, where a former Minister of Finance and National Planning, Kalu Idika Kalu, is a director;
Shield Petroleum Limited owes N6.883bn
Fargo Petroleum and Gas Limited
Zurich International Service, the last on the list, owes N26.69m. Read More at
http://judithfrank..com/2015/08/choi-meet-nigerias-chronic-debtorsemeka.html
Re: Choi! Meet Nigeria’s Chronic Debtors,emeka Offor, Abike Dabiri And More by Nobody: 9:13am On Aug 04, 2015
but why this public embarrassment...
Re: Choi! Meet Nigeria’s Chronic Debtors,emeka Offor, Abike Dabiri And More by Nobody: 9:19am On Aug 04, 2015
make we turn am 2 ATM no need 2 collect d money again
Re: Choi! Meet Nigeria’s Chronic Debtors,emeka Offor, Abike Dabiri And More by Nobody: 9:19am On Aug 04, 2015
ROTFL,

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