xtremecr8:
Hmmm. This life ehn! This is the board of the same bank we appealed to to pay us for designing their 125th Year Anniversary logo and their Directors told us to go to court but we know there's a God of Justice.

This is the same board and Management we appealed to concerning our ongoing predicament in the hands of the Mr Adeduntan-led management that suffered and humiliated us.

We created an iconic 125th Year Anniversary logo for this same bank under this sacked board but the bank went behind us to use our logo for the whole celebration, spent a whopping N18.3 Billion on adverts and promotions that same year and never paid us a dime for designing their 125th Year Anniversary logo.

CBN should please prevail on First Bank Plc to pay us for our hardwork and toil on this logo we designed for them to commemorate their 125th Year Anniversary.

We deserve to get paid and we beg all well meaning men and women of this great country to help us appeal to FBN to pay us for designing their 125th Year Anniversary logo.


Here's the Nairaland thread on our predicament in the hands of the FBN management under Mr Adeduntan and appeal going on for years now

https://www.nairaland.com/5591806/how-first-bank-did-not

And here's our video narrating our ordeal


https://m.facebook.com/ReportYourself/videos/723288038412109/?refsrc=https%3A%2F%2Fm.facebook.com%2FReportYourself%2Fvideos%2F723288038412109%2F&_rdr

if you are sure of your case. go to court

Agbegbaorogboye:


I have asked you a question. If someone voluntarily retires, can he be forced back into the position he retired from voluntarily?

If there are irregularities. Yes, he can be call back until due process is carried out.

This is not the first time CBN has taken similar decisions.

thebosstrevor1:


First bank have been under regulatory forbearance since last year. The former md has been in office since 2017, isn't he the cause of why the bank is in distress.

So what is your point??

The question is not whether he is the cause of the distress. The question is your assertion that he retired voluntarily when the info in public space negates that. It's buttressed by the fact that the CBN returned him to the seat. Besides, it's common knowledge that voluntary retirement is usually preceded by a 3 months notice. So who retires in 24hrs? Stop mixing things up.

thebosstrevor1:


If there are irregularities. Yes, he can be call back until due process is carried out.

This is not the first time CBN has taken similar decisions.

Give an example of when CBN did that pls. I mean call back a bank MD who retired voluntarily. You can also tell us the irregularities the CBN observed in his purported retirement.

Agbegbaorogboye:


The question is not whether he is the cause of the distress. The question is your assertion that he retired voluntarily when the info in public space negates that. It's buttressed by the fact that the CBN returned him to the seat. Besides, it's common knowledge that voluntary retirement is usually preceded by a 3 months notice. So who retires in 24hrs? Stop mixing things up.

ahhh!
you mean 24hr retirement?

jlinkd78:
This Govt want to make people panic when they have not been able to create anything the only Bank of reference in terms of healthiness is now being fingered with their leprous hand of mismanagement. This CBN that is supposed to be busy printing billions to be shared across the States now wants to crash First Bank, regarded as the Rock of Gibraltar Bank, same way big names like Oceanic and Diamond Banks including Intercontinental went out of space cos of conflict of interests

Point of Correction: Sorry it's not CBN/govt job to print money and share amongst the state. Also, they are not trying to crash First Bank. Please do research before making a conclusive statemen

Agbegbaorogboye:


The question is not whether he is the cause of the distress. The question is your assertion that he retired voluntarily when the info in public space negates that. It's buttressed by the fact that the CBN returned him to the seat. Besides, it's common knowledge that voluntary retirement is usually preceded by a 3 months notice. So who retires in 24hrs? Stop mixing things up.

Do you even read the news before argueing

He didn't retire in 24 hours, infact the cbn reinstated him as md of an interim board( temporarily board)

baralatie:

ahhh!
you mean 24hr retirement?

That's what the guy is claiming o

Meanwhile i'm watching channels tv now and they confirmed the MD was removed and not retired as this guy claimed.

Also note that contrary to claim by this guy that the bank entered forbearance last year, the bank entered forbearance since 2016. Straight from emefiele's mouth

Agbegbaorogboye:


That's what the guy is claiming o

Meanwhile i'm watching channels tv now and they confirmed the MD was removed and not retired as this guy claimed.

Also note that contrary to claim by this guy that the bank entered forbearance last year, the bank entered forbearance since 2016. Straight from emefiele's mouth

forebearance since 2016 ke?

they have first bank to action film

thebosstrevor1:


Do you even reas the news before argeing

He didn't retire in 24 hours, infact the cbn reinstated as md of an interim board.

Where are you getting your Fake news from? Same you who complains about fake news.

FYI I'm watching Channels news now and they mentioned nothing like interim board. They also confirmed sola adeduntan was removed by the former board. Contrary to your assertion, Emefiele himself said it that the bank entered forbearance since 2016. So stop blaming Adeduntan for the capital issues of first bank.

Agbegbaorogboye:


That's what the guy is claiming o

Meanwhile i'm watching channels tv now and they confirmed the MD was removed and not retired as this guy claimed.

Also note that contrary to claim by this guy that the bank entered forbearance last year, the bank entered forbearance since 2016. Straight from emefiele's mouth

I wanted to correct the error of the forbearance.

The md retired and wasn't removed.

baralatie:

forebearance since 2016 ke?

they have first bank to action film

That's what Emefiele said.

thebosstrevor1:


I wanted to correct the error of the forbearance.

The md retired and wasn't removed.

Well, that's according to you. Channels said he was removed. If you were me, would you believe you over channels?

Agbegbaorogboye:


Where are you getting your Fake news from? Same you who complains about fake news.

FYI I'm watching Channels news now and they mentioned nothing like interim board. They also confirmed sola adeduntan was removed by the former board. Contrary to your assertion, Emefiele himself said it that the bank entered forbearance since 2016. So stop blaming Adeduntan for the capital issues of first bank.

What FAKENEWS.

1.The md was reinstated by cbn as head of an interim board
2.Mr sola retired after a 6 year tenure.
3. Sola Adeduntan was appointed md in 2016, so he couldn't turn around the fortunes of the bank.

Agbegbaorogboye:


Well, that's according to you. Channels said he was removed. If you were me, would you believe you over channels?

Other financial media says he retired after 6 years.

Cbn guidelines says an md must serve for 10 years, first bank internal policy says 6 years.

thebosstrevor1:


What FAKENEWS.

1.The md was reinstated by cbn as head of an interim board
2.Mr sola retired after a 6 year tenure.
3. Sola Adeduntan was appointed md in 2016, so he couldn't turn around the fortunes of the bank.

He is due to retire in eight months time

You have not answered a simple question. If you were me, would you believe you over channels?

If you have light and a TV, you won't be arguing based on lies like this. You even introduced interim board. Na wa o

yanabasee1:
Is first bank a branch of CBN?

just carry your ignorance waka.

thebosstrevor1:


Other financial media says he retired after 6 years.

Cbn guidelines says an md must serve for 10 years, first bank internal policy says 6 years.

CBN guidelines did not use the word "must" it used max of ten years and can be broken to two terms of five years each. This is something someone pasted for you o.

Are you sure you're not feeling drudged

Agbegbaorogboye:


CBN guidelines did not use the word "must" it used max of ten years and can be broken to two terms of five years each. This is something someone pasted for you o.

Are you sure you're not feeling drudged

How is this my problem

thebosstrevor1:


How is this my problem

Bye bye

Agbegbaorogboye:


He is due to retire in eight months time

You have not answered a simple question. If you were me, would you believe you over channels?

If you have light and a TV, you won't be arguing based on lies like this. You even introduced interim board. Na wa o

Since i don't have light and tv, maybe you will be willing to get them for me so that i can watch the news properly with an eye glass.

The board is an interim board,

Maybe if you had enough data, you would have read it through.

This is the link.

https://www.premiumtimesng.com/news/headlines/458459-just-in-cbn-dissolves-first-bank-board-reinstates-sola-adeduntan-as-md.html

Agbegbaorogboye:


Bye bye

Take care

The Law did not say 10yrs minimum. It states 10yrs maximum.

So you are wrong.

The major problem is that CBN must give approval before you retire, sack or hire a new MD.

thebosstrevor1:


Lol..

The main reason for cbn disapproval is this.

Cbn approves 10 years for bank mds but first bank internal policies approves 6 years for their md.

The disagreement has nothing to do with loans.

Read for more information.

https://nairametrics.com/2021/04/29/cbn-first-bank-on-collision-course-over-removal-of-md-ceo/

VULCAN:
The Law did not say 10yrs minimum. It states 10yrs maximum.

So you are wrong.

The major problem is that CBN must give approval before you retire, sack or hire a new MD.

I agreed about that.

I also wrote before that cbn must give approval before a new md and board is elected.

CorperKola:

how long will it take you to understand a simple scenario, i hope you are not slow upstairs??
the board had gone rogue and was trying to crash the bank and the chairperson was a pawn like i always suspected

Your brain is incomprehensible! I put up an argument about CBN dabbling into banks internal affairs which I hope should be resolved by the board.

I asked if there was any platform (legal binding) that gives the CBN to act this way. You didn’t respond to any of my questions, but you rather jump into attack like someone on panic mode! What is wrong with you children of nowadays?

FuckOsuPigs:


Wos bros, the more you look, the less you see. Otudeko's loan is an instrument in this boardroom power game. I'm telling you that from the position of somebody who KNOWS.

Can't they arrest and jail that crook called Otudeko or whatever his name is called or sieze his assets that he used for the loan collateral if na poor man take that kind loan that would have hounded him since, hanged him to the EFCC and paraded him around the media as a thief/debtor.

Ok

thebosstrevor1:


I agree about that.

I also wrote before that cbn must give approval before a new md and board is elected.

xtremecr8:
Hmmm. This life ehn! This is the board of the same bank we appealed to to pay us for designing their 125th Year Anniversary logo and their Directors told us to go to court but we know there's a God of Justice.

This is the same board and Management we appealed to concerning our ongoing predicament in the hands of the Mr Adeduntan-led management that suffered and humiliated us.

We created an iconic 125th Year Anniversary logo for this same bank under this sacked board but the bank went behind us to use our logo for the whole celebration, spent a whopping N18.3 Billion on adverts and promotions that same year and never paid us a dime for designing their 125th Year Anniversary logo.

CBN should please prevail on First Bank Plc to pay us for our hardwork and toil on this logo we designed for them to commemorate their 125th Year Anniversary.

We deserve to get paid and we beg all well meaning men and women of this great country to help us appeal to FBN to pay us for designing their 125th Year Anniversary logo.


Here's the Nairaland thread on our predicament in the hands of the FBN management under Mr Adeduntan and appeal going on for years now

https://www.nairaland.com/5591806/how-first-bank-did-not

And here's our video narrating our ordeal


https://m.facebook.com/ReportYourself/videos/723288038412109/?refsrc=https%3A%2F%2Fm.facebook.com%2FReportYourself%2Fvideos%2F723288038412109%2F&_rdr

Go to twitter and narrate ur ordeal. They will take it up once it goes viral.

observanc1:
just carry your ignorance waka.

Carry your over sabi go one corner..... Olodo.

thebosstrevor1:


Since i don't have light and tv, maybe you will be willing to get them for me so that i can watch the news properly with an eye glass.

The board is an interim board,

Maybe if you had enough data, you would have read it through.

This is the link.

https://www.premiumtimesng.com/news/headlines/458459-just-in-cbn-dissolves-first-bank-board-reinstates-sola-adeduntan-as-md.html

This is from your own link Mr retirement.

thebosstrevor1:


Since i don't have light and tv, maybe you will be willing to get them for me so that i can watch the news properly with an eye glass.

The board is an interim board,

Maybe if you had enough data, you would have read it through.

This is the link.

https://www.premiumtimesng.com/news/headlines/458459-just-in-cbn-dissolves-first-bank-board-reinstates-sola-adeduntan-as-md.html

You don't have light, ask Buhari

You don't have TV, get a real job so you can afford one.
I'm not the cause of your problems.

Agbegbaorogboye:


This is from your own link Mr retirement.

So why do you omit this and why didn't you click on the link to see further information.