Debtors To 5 Banks Named - CBN List
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Date: November 24, 2009, 08:06 PM
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PAPAMODE (m)
Debtors To 5 Banks Named - CBN List
« on: August 19, 2009, 02:29 AM »
The names of the individuals and companies owing the 5 banks which had their MD's sacked has finally been released.

Check http://cenbank.org/Out/publications/pressRelease/GOV/2009/ADVERTORIAL2.pdf.  for the compiled list from CBN report.

And they will be going about living as bigz boys/girlz while they refuse to pay up and make the banks lend other funds to create jobs.
jamace (m)
Re: Debtors To 5 Banks Named - CBN List
« #1 on: August 19, 2009, 04:33 AM »
Men, See looting of banks. Na wa for big boyz/gurlz o.  Shocked  Shocked
What next after this discovery?
courage89
Re: Debtors To 5 Banks Named - CBN List
« #2 on: August 19, 2009, 08:56 AM »
I hope CBN will be quick to furnish the state of other banks so that we can put this chaos behind us. The earlier we understand how much all these big boyz/gurls are owing banks and how much of all these will be provision for bad loans, the better it will be for our economy and how to value these institution going forward.
IFELEKE (m)
Re: Debtors To 5 Banks Named - CBN List
« #3 on: August 19, 2009, 09:08 AM »
@Topic,
This list was the first thing i got on my desk this morning and am still shell shocked. . .still reviewing though
MrCrackles (m)
Re: Debtors To 5 Banks Named - CBN List
« #4 on: August 19, 2009, 09:09 AM »
Chai. . .  Shocked Shocked Shocked
IFELEKE (m)
Re: Debtors To 5 Banks Named - CBN List
« #5 on: August 19, 2009, 09:45 AM »
It's more than chai 'Crackles
Imagine Intercontinental and Oceanic with bad loan portfolio of 210,903,162,331.07  and  278,204,460,000 naira respectively.
Can you imagine?
MrCrackles (m)
Re: Debtors To 5 Banks Named - CBN List
« #6 on: August 19, 2009, 10:18 AM »
Quote from: IFELEKE on August 19, 2009, 09:45 AM
It's more than chai 'Crackles
Imagine Intercontinental and Oceanic with bad loan portfolio of 210,903,162,331.07 and 278,204,460,000 naira respectively.
Can you imagine?

I was particularly shocked at AQUITANES debt burden. . .
I personally know a few directors listed up there and they are a company involved in something similar to our's!
Those guys are mouthy i swear!
IFELEKE (m)
Re: Debtors To 5 Banks Named - CBN List
« #7 on: August 19, 2009, 05:44 PM »
'Crackles,check this out: Intercontinental
UNITED ALLIANCE COMPANY OF
NIG.LTD. 16,247,686,168.18
MR. AIG-IMOUKHUEDE AND
MR. HERBERT WIGWE
NONPERFORMING
Aig is the MD of Access Bank while Herbert is an E.D in intercontinental bank. . .you see that?
LadyT (f)
Re: Debtors To 5 Banks Named - CBN List
« #8 on: August 19, 2009, 07:57 PM »
Very good I am happy about this.  Dangote owes $15million to Oceanic, his company also borrowed from INTERCONTINENTAL bank ?  WHAT THE HELL DID HE NEED A LOAN FOR???

 Angry

http://news.bbc.co.uk/1/hi/business/8208932.stm
davidylan (m)
Re: Debtors To 5 Banks Named - CBN List
« #9 on: August 19, 2009, 08:03 PM »
wow!
MrCrackles (m)
Re: Debtors To 5 Banks Named - CBN List
« #10 on: August 19, 2009, 08:48 PM »
Quote from: LadyT on August 19, 2009, 07:57 PM
Very good I am happy about this.  Dangote owes $15million to Oceanic, his company also borrowed from INTERCONTINENTAL bank ?  WHAT THE HELL DID HE NEED A LOAN FOR???

It is not wise to do the type of business Dangote's involved in with your personal money! Wink
MrCrackles (m)
Re: Debtors To 5 Banks Named - CBN List
« #11 on: August 19, 2009, 08:49 PM »
Quote from: IFELEKE on August 19, 2009, 05:44 PM
'Crackles,check this out: Intercontinental
UNITED ALLIANCE COMPANY OF
NIG.LTD. 16,247,686,168.18
MR. AIG-IMOUKHUEDE AND
MR. HERBERT WIGWE
NONPERFORMING
Aig is the MD of Access Bank while Herbert is an E.D in intercontinental bank. . .you see that?

WTF Shocked Shocked Shocked Shocked
IFELEKE (m)
Re: Debtors To 5 Banks Named - CBN List
« #12 on: August 20, 2009, 12:02 PM »
Sad Indeed!
To think Dangote is the president of the stock exchange and Erastus the first vice president. . .what a combination!
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