Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,114 members, 7,957,158 topics. Date: Tuesday, 24 September 2024 at 08:15 AM |
Nairaland Forum / Nairaland / General / Education / Idahosa University Owes Access Bank (4090 Views)
Access Bank School Of Banking Excellence / Benue Owes 150 Teachers 4-yr Salaries / Please, Your Thoughts On Benson Idahosa University And Any Other Recommended One (2) (3) (4)
Idahosa University Owes Access Bank by kech(f): 7:08am On Dec 07, 2009 |
Access Bank Appoints ReceiveR-Manager for Idahosa University If you are in this school, start praying oo. Na so im dey start. When banks start to take over the affairs of an organization, they are there for their money not your well being. Very soon we will here that the school is no more. This issue of loan is the same reason CETEP university in Lagos was sealed off sometime in 2006. I knew someone who was going to school there. |
Re: Idahosa University Owes Access Bank by Tudor6(f): 8:10am On Dec 07, 2009 |
What happens if the bank recoups their money, do they return the uni to its owners? |
Re: Idahosa University Owes Access Bank by jaybee3(m): 11:37am On Dec 07, 2009 |
The uni must have been used as collateral so that is def that once the bank takes over. |
Re: Idahosa University Owes Access Bank by snowdrops(m): 11:39am On Dec 07, 2009 |
"touch not my annointed and do my prophets no harm" |
Re: Idahosa University Owes Access Bank by ricky01: 11:49am On Dec 07, 2009 |
good for them the university authority is too wicked, i also heard that the land which the university is situated is not for them,the original owners (the elema family)has won the case, u see , the scholll go soon pack come my father compound, |
Re: Idahosa University Owes Access Bank by ccollins(m): 11:54am On Dec 07, 2009 |
Pls,hw much is the general school fees in idahosa university cos i may go there if their school fees are not high |
Re: Idahosa University Owes Access Bank by Tudor6(f): 12:13pm On Dec 07, 2009 |
snowdrops:look at this joker here. . .the "anointed" went and borowed 200 milla, can't pay back and you're whingeing touch not? Why didn't the anointed ask god for the money in the first place rather than bugging mere mortals at the bank for help. Sebi God get money printing machine for heaven, abi? |
Re: Idahosa University Owes Access Bank by 2tait: 1:04pm On Dec 07, 2009 |
they should be able to pay a paltry N200 million from school fees alone, not to talk of the church. I don't think this is a big deal. |
Re: Idahosa University Owes Access Bank by snowdrops(m): 1:23pm On Dec 07, 2009 |
Tudór:calm down mr sensitive. you failed to appreciate the irony in my statement. |
Re: Idahosa University Owes Access Bank by denony(m): 3:52pm On Dec 07, 2009 |
Tudór: ONE DAY WE WILL COMMAND HOLY GHOST FIRE IN HERE FOR NON BELIEVERS LOL |
Re: Idahosa University Owes Access Bank by bawomolo(m): 4:38pm On Dec 07, 2009 |
snowdrops: |
Re: Idahosa University Owes Access Bank by snowdrops(m): 4:43pm On Dec 07, 2009 |
@ bawomolo Is that ya wife, babe or "dream" babe on ya profile That is one cute homo sapien. |
Re: Idahosa University Owes Access Bank by Ad4(m): 4:49pm On Dec 07, 2009 |
The skool should be able to pay.Upon the skool fees they collect. |
Re: Idahosa University Owes Access Bank by otokx(m): 5:04pm On Dec 07, 2009 |
Lets wait and see |
Re: Idahosa University Owes Access Bank by dogice(m): 10:48pm On Dec 07, 2009 |
perhaps them wan buy jet tooo |
Re: Idahosa University Owes Access Bank by aieromon(m): 11:09pm On Dec 07, 2009 |
The school ain't doing so well to service its debts when compared to other private universities. A way out will be found soon |
Re: Idahosa University Owes Access Bank by bawomolo(m): 12:07am On Dec 08, 2009 |
snowdrops: na dream specimen |
Re: Idahosa University Owes Access Bank by software(m): 12:25am On Dec 08, 2009 |
2tait: they can even command holy ghost fire to produce the money chap chap, If its not a big deal, why would they even borrow in the first place? |
Re: Idahosa University Owes Access Bank by 9ja4eva: 2:24am On Dec 08, 2009 |
snowdrops: LOL.Na there you go fear face. |
Re: Idahosa University Owes Access Bank by Yizzurr(m): 3:32am On Dec 08, 2009 |
N200M loan and no progress in dat school FACILITIES ARE NOT AVAILABLE BAD ACCESS ROAD Low quality lecturers and worst of all High School fee as a fresher to any course in the Faculty basic and applied sciences u will pay nuthin Less than N550k(for the session) 200-400l( Roughly N400k) Faculty of Social and Mgt. Sciences- freshers N550k 200-400l- N380k- 400k FACULTY of LAW- fresher N600k 200l-500l - N450k with a student strenght of 3500(excluding part time students) really don't understand why the wuld collect a loan and can't service it. No crime in aquiring a loan, but in not servicing it to the extent dat d bank wants to take over, Nope dats just not called for. |
Re: Idahosa University Owes Access Bank by PastorOla1: 7:59am On Dec 08, 2009 |
And so what! The School shall come of the wood soon |
Re: Idahosa University Owes Access Bank by violent(m): 3:11am On Dec 09, 2009 |
Sanusi goes after Banks , Banks go after debtors (school) , School increases school fees , many students drop out , crime rates increases , many drop out turn thugs , thugs go into politics and you say Nigerians have bad leaders? |
Re: Idahosa University Owes Access Bank by stede(m): 5:24pm On Dec 10, 2009 |
Chei, wonders shall never end, |
Re: Idahosa University Owes Access Bank by Nobody: 1:38am On Dec 12, 2009 |
Geeze!!! |
Re: Idahosa University Owes Access Bank by NVME1: 4:34pm On Dec 13, 2009 |
Hope dis is nt true Feb Idahosa must be a complete mess for taking that action, what da heck does he do with the school fees paid by the students in BIU & WOFC |
Re: Idahosa University Owes Access Bank by BabaMutum1: 5:36pm On Dec 14, 2009 |
That is definitely not true, please find a response from the university which should put things in proper perspective Benson Idahosa University Not Under Receivership In response to the article in This Day newspaper on December 6th, 2009, the authorities of Benson Idahosa University, a highly ranked private university based in Benin City, Edo State, have said that the University is not under receivership of any bank. According to the university’s Vice Chancellor, Professor Gideon Omuta, there was no time the University was indebted to Access Bank of Nigeria for N200 million, as was being speculated by This Day newspapers. He said that the university was aware of the publication, which unfortunately was not balanced, as his institution was at no time contacted for its side of the story. He stressed that it was the parent organization of the University (the ABAIF), that had had a long standing relationship with Access bank. Unfortunately, the relationship was strained earlier this year as a result of discrepancies in figures produced by the bank. Professor Omuta added that when the Foundation was taken to court, it was not present to defend itself before an initial court order was given for the taking over of another arm of the foundation which was a sister school and an affiliate of Benson Idahosa University. He said this must have been the source of the misinformation that was printed by the newspaper, and unfortunately, was not checked for correctness before it was printed. When the initial order was given on August 9th 2009, and the Foundation immediately returned to court seeking redress. On October 13th 2009, after the court was approached on the matter and provided with information, the court vacated its initial order given to the bank , with costs amounting to N50,000 to be paid to the Foundation by the bank for presenting wrong information and suppression of facts, on which the initial order was given. He said the Foundation was a socially responsible legal entity that would never renege in its obligations to the bank; however, discrepancies in figures presented by its banker led to its asking for the concerned account to be straightened by Access Bank in order to fulfill its financial obligations. |
Re: Idahosa University Owes Access Bank by MrCrackles(m): 5:38pm On Dec 14, 2009 |
SnowDrops:Hahaha. . . .I laugh in a whirlwind |
Re: Idahosa University Owes Access Bank by snowdrops(m): 10:33pm On Dec 14, 2009 |
MrCrackles:No be for volcano |
Re: Idahosa University Owes Access Bank by BoboJolly: 9:03pm On Jan 13, 2010 |
It seems that none of you on this forum has bothered to check the facts. Here is the reply from BIU, taken from their website: Benson Idahosa University Not Under Receivership In response to the article in This Day newspaper on December 6th, 2009, the authorities of Benson Idahosa University, a highly ranked private university based in Benin City, Edo State, have said that the University is not under receivership of any bank. According to the university’s Vice Chancellor, Professor Gideon Omuta, there was no time the University was indebted to Access Bank of Nigeria for N200 million, as was being speculated by This Day newspapers. He said that the university was aware of the publication, which unfortunately was not balanced, as his institution was at no time contacted for its side of the story. He stressed that it was the parent organization of the University (the ABAIF), that had had a long standing relationship with Access bank. Unfortunately, previously unblemished relationship was strained earlier this year as a result of discrepancies in figures produced by the bank. Professor Omuta added that when the Foundation was taken to court, it was not present to defend itself before an initial court order was given for the taking over of another arm of the foundation which was a sister school and an affiliate of Benson Idahosa University. He said this must have been the source of the misinformation that was printed by the newspaper, and unfortunately, was not checked for correctness before it was printed. When the initial order was given on August 9th 2009, and the Foundation immediately returned to court seeking redress. On October 13th 2009, after the court was approached on the matter and provided with information, the court vacated its initial order given to the bank, with costs amounting to N50,000 to be paid to the Foundation by the bank for presenting wrong information and suppression of facts, on which the initial order was given. He noted that since then, the strain in the relationship between the Foundation and the Bank had been straightened out and that the initial loan had long been repaid. He said the Foundation was a socially responsible legal entity that would never renege in its obligations to the bank; however, discrepancies in figures presented by its banker led to its asking for the concerned account to be straightened by Access Bank in order to fulfill its financial obligations. |
(1) (Reply)
Imo State University (imsu) 2015/2016 Acceptance Fees / School Fees Payment / Null / University Of Nigeria UNN 2017 -2018 Admission Updates
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 65 |