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Plot To Liquidate Intercontinental Bank - Access Bank Md - Politics - Nairaland

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Plot To Liquidate Intercontinental Bank - Access Bank Md by pecu5: 12:26pm On Aug 20, 2009
i guess its sheer wickedness for Access Bank MD and his DMD to stiffle the growth of Intercontinental bank. Rumour holds that this guys actually borrowed from Inter to buy controlling shares in Access bank.

I have been in Access bank and was taught dat integrity is key, but ds guys are bunch of dissapointment as all d values they inculcate in their staff are nt practised by dem. The guys ve bn indebted to IBplc as at 31st may, and when de got wind dat CBN will take it up with defaulters dey had to pay make payments.

They wrote to CBN to help dem recover few billions from AP while de re obligated to Inter to d tune of N16bn
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by candylips(m): 1:08pm On Aug 20, 2009
craze innit. they owe about 16 billion naira. This is crazy
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by Seun(m): 2:14pm On Aug 20, 2009
Can you name the source of the rumors?
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by candylips(m): 3:08pm On Aug 20, 2009
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by nex(m): 4:13pm On Aug 20, 2009
Aig Aig and Herbert Wigwe, two of the most abracadabra bankers in Nigeria.
Well, they seem to have mastered the game right from their GTB days.
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by otokx(m): 7:12am On Aug 21, 2009
But why will INTERCONTINENTAL give such people other peoples money?
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by candylips(m): 10:43am On Aug 21, 2009
nex:

Aig Aig and Herbert Wigwe, two of the most abracadabra bankers in Nigeria.
Well, they seem to have mastered the game right from their GTB days.

you can say that agin smiley
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by YICOBs(m): 10:48am On Aug 21, 2009
Tot Inter and Access are competitors.
Re: Plot To Liquidate Intercontinental Bank - Access Bank Md by sophiawod: 10:41am On Mar 07, 2011
candylips:

its in the document http://www.cenbank.org/Out/publications/pressRelease/GOV/2009/ADVERTORIAL2.pdf
this is true, just read the document you quoted, God help us,

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