Osagyefo98:


The boy is from cross river

Fear him




Cc

Senatordave1

Joromi12:
mr Ernest is one of the reasons diamond bank had to go under. He owes several banks huge loans running into billions of naira which he cannot service. All those planes and chopper are bot with loans and they generate so little to service it. He took over 30b from gtb for his lagos office go there and see how empty it is with no one renting it . He only uses 3 out of 15 floors how does he repay. All the money he took for neconde projects he no still pay. Diamond bank, union bank, access bank GTB bank he owes them all over 200m usd. Rich man my foot. How do i know I worked there lol

IwantToShashe:



ok

kayfra:


"In May last year, the Chairman, Obijackson Group, Dr Ernest Azudialu-Obiejesi, said the group had yet to repay the $558m bank loan used to acquire 45 per cent interest in Oil Mining Lease 42 from Shell, Total and Agip Joint Venture in 2011, through which its upstream subsidiary, Neconde Energy Limited, was created."

Most indigenous oil companies are in debt to the teeth. So he isn't the only one in deep debt

https://punchng.com/indigenous-oil-firms-battle-for-survival-as-debts-hit-banks/

Ilovemystate:

Yoruba media, even Dangote, Adenuga and other billionaires are seriously indebted to banks but they are serving their debts that's why AMCON couldnt list them on their list

dokiOloye:
lolz.
That means you don't know about Arthur.
What is Arthur doing with political patronage when he no longer has any business concern in Nigeria or can you name any?Triax airline n co have folded since naa.
Arthur has interests/oil wells in all these small African countries that discovered oil in the 90s till today and even in Texas too.
I know of all these cos I'm friends with one his PAs.

Osagyefo98:




He belong to the evil party apc

Cc

Senatordave1

IwantToShashe:


IBU Onye Oraifite nwanne m ?

Osagyefo98:




He belong to the evil party apc

Cc

Senatordave1

OMANBALA1:
Why havent Obiano mobilized these wealthy Omanbalas to fund a power project that will fix our electricity problems which has stagnated our industrial growth ? My philosophy is UMUNNA NWEZUO AKU!

Ilovemystate:

Can you show me Nestoil on Amcon list

Ilovemystate:


Open this link and show me nestoil

FULL LIST: Ifeanyi Ubah, Jimoh Ibrahim… Here are AMCON’s 105 top debtors

https://www.thecable.ng/full-list-ifeanyi-ubah-jimoh-ibrahim-here-are-amcons-105-top-debtors

zlantanfan:
Their you go again, dude has secured an ipo in the london stock exchange but isnt big enough to make it on forbes.

It isn't an issue of low profile or not (zugerberg, adenuga and a host of shy billionaire with IPOs are on Forbes once you have a big enough trading profile

zlantanfan:
lol, seems you know the guy pretty well.

Damn I hate borrowers billionaires, from what you explained he is in deep debt mess.

Wait u mean 30billion for that office building alone?

When the almighty gherkin office building in London cost £800m

Joromi12:
i worked somewhere and had access to what i am saying. Ur showing me link smh

senatordave1:

This isn't a political discussion thread,dont bring politics here or derail it with your infantile rants.the op didnt say that the thread is off limits to igbos alone.anyone who has a good knowledge of igbo businessmen can contribute

Ilovemystate:

You work there as a cleaner

Joromi12:
baba come the office its damn empty no one has rented in since it opened in 2016. So how e go pay back The planes and chopper too pple prefer bristow and one other one like that. If u work for these so called rich men u go cry for this country. People just dey take loan dey wont pay back. Ben bruce collect 11b den e no gree pay

zlantanfan:
u don't mean it.

Bristow has that private charter monopoly as always, i tend to believe you easily regard that aviation niche.

It seems he is better successful at oil/drilling industry how true is this?

kayfra:


Did you see AMCON anywhere in my post? He hasn't started paying the significant debt used in structuring OML42 as stated. It's not unusual for what he does. But he isn't servicing his loan

Ilovemystate:

Southwest with their silly propaganda and pull Igbo down syndrome he has paid and AMCON yet to seize his properties, very bitter tribe

Joromi12:
was making money pre dat oil crash. Now the money e dey make no fit service hin loans . D man self smart has many companies so dem go dey share d loans lol

Ilovemystate:


Can you mention any billionaire in Africa without owing banks loans ?? ?

Osagyefo98:


Please don't contribute, avoid igbo


U not a good friend or a brother.

Joromi12:
was making money pre dat oil crash. Now the money e dey make no fit service hin loans . D man self smart has many companies so dem go dey share d loans lol

senatordave1:

I am although my political affiliation and feelings may differ with that of most.that doesn't mean we cant relate in other aspects

Joromi12:
if u take loans and you pay as at when due then ur really rich. But if u take loans and dont pay use it to buy many cars, buy jets and choppers u use mostly and cant pay back loans then u be scammer na. Go ask dozie wetin d man do hin bank .

Joromi12:
if u take loans and you pay as at when due then ur really rich. But if u take loans and dont pay use it to buy many cars, buy jets and choppers u use mostly and cant pay back loans then u be scammer na. Go ask dozie wetin d man do hin bank .

Ilovemystate:


The Asset Management Corporation of Nigeria (AMCON) has given a clean bill to Nestoil Plc with regard to an earlier impression that it had been barred from accessing credit from banks

https://allafrica.com/stories/201209220527.html