Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?

Welcome. Please Login, Register, Or Activate! 
type your username and password to login
Date: November 23, 2009, 04:39 PM
431377 members and 298400 Topics
Latest Member: Ezeoladi
Nairaland [Nigerian Forum] Home Help Search Who is currently online? Login Register
Nairaland Forum  |  General | Welcome  |  Money (Moderators: FOD, naijacutee)  |  Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
Pages: (1) (2) (3) Go Down Send this topic Notify of replies
Author Topic: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?  (Read 4751 views)
bidemi12 (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #32 on: September 20, 2009, 11:58 PM »

Na only billion billion i just de hear say e chop, i no hear million at all. Na wa oh
mmjunior
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #33 on: September 21, 2009, 12:12 AM »

i dont even understand !!!
stiyke (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #34 on: September 21, 2009, 12:31 AM »

My grudge against him is just that they were manipulating unsuspecting nigerians,

But he is better than those looting the treasury, same ppl branding him a thief, Naija is so funny.
whiteroses (f)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #35 on: September 21, 2009, 12:52 AM »

Quote from: ~Borat~ on September 20, 2009, 08:22 PM
This guy owes billions, but what he doesnt know is he can offset his debt with just 100 naira!
How? Buy a strong rope. . .! Grin
aww borat be nice lol he could just be imprinsoned for 10 years at worst
lagoshost (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #36 on: September 21, 2009, 01:36 AM »

That man is a HERO
Shola2009 (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #37 on: September 21, 2009, 02:38 AM »

Quote
That man is a HERO
You are definately under the influence of something! , i advice you to visit your doctor in the next 24 hours before you have go and buy your N100 rope
marjson (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #38 on: September 21, 2009, 05:07 AM »

@shola 2009, Why talk hard on this Guy Now,u suppose ask him a hero of what, Huh
lyfe (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #39 on: September 21, 2009, 06:42 AM »

Has anybody approached a bank for loan?   They will tell you to get a detailed business plan, which is not going be appproved and you even have a chance of getting your ideas rebranded, modified,repackaged and sold for the likes of oloto and ,  Collateral security you do not have and documents you can never come up with to obtain a high-intrest loan with some crazy hidden charges. So its true banks dish out loans with No credit history check, No business plan, No collateral, to people who are not into a legitimate business, I still feel its hard to be RICH in this country without doing magomago.
Hoteph (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #40 on: September 21, 2009, 07:07 AM »

Our help is in the name of the Lord, Only divine intervention can save my people,
skyranger
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #41 on: September 21, 2009, 09:46 AM »

Quote from: malali on September 20, 2009, 09:38 PM
the fear of ololo is the beginning of prosperity,
nigerian bernie maddof

he is definitely fronting for someone
the question is who is the real masquerade
please someone should unmask the masquerade Cool Cool Cool Cool Cool Cool

Sure he is! So is Sanusi,
danconsult (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #42 on: September 21, 2009, 10:32 AM »

i wud not want to believe that this guy is fronting for somebody anyway. because a lot of guys took loans to buy shares then. but why i want to believe it is that this guy looks so unpertubed. the guy just dey smile because he kno se some big shots de e back sha. abeg this guy get person we de support. no se i tell e name sha, but i fit guess say na,
danconsult (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #43 on: September 21, 2009, 10:33 AM »

how can u call that heroism. which kind of hero e be sef
St. Edwin (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #44 on: September 21, 2009, 10:42 AM »

Peter Ololo,
Even the name alone means Thief
His face resembles dat of Madoff except dat their parents played away match,
He is just a good symbol of educated and modernized "yahoo yahoo". Sad Shocked
Ben-10
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #45 on: September 21, 2009, 10:43 AM »

So this is where all our money is? this guy must be a winchard Shocked owing all the Banks with full confidence
Saddam
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #46 on: September 21, 2009, 10:58 AM »

Stockbroker and Managing Director of Falcons Securities Limited, Peter Ololo on Friday also regained his freedom after meeting the conditions of the bail granted him by the court.

Several other bank executives are still being held, pending when they will fulfil the bail conditions the Federal High Court in Lagos granted them on Monday and Tuesday.

This Guy Is Something Else,
Nezan (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #47 on: September 21, 2009, 11:19 AM »

And yet people will come here, drumming support for the sacked Bank Chiefs . .  Angry . . . where are we heading to . .  Huh . . .?
saworoide
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #48 on: September 21, 2009, 12:11 PM »

Quote from: whiteroses on September 21, 2009, 12:52 AM
aww borat be nice lol he could just be imprinsoned for 10 years at worst

10 years ke? this ma no steal, he's only a debtor. Tafa stole 17 billion and only got 6 months. Justice a la Nigeria.
lanrujay (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #49 on: September 21, 2009, 12:56 PM »

what a way of life!
he didnt hit the limelight for good but for such an odd stuff anyways he had fun while it lasted!
citizenY (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #50 on: September 21, 2009, 01:38 PM »

Methinks, another Oputa Panel should be inaugurated immediately.
Let the man (OLOLO) clear the air. Corporate affairs commission should mke available all
registration documents for all indicted companies, beginning with Falcon Securities, Banks should
priovide info on their individual exposures.

This on na village meeting we go hold. Everybody will state his case. We must know the operators,
 directors and brains behind these companies. And ultimate-- what did they do with the money? Factories?, Farms ?,
tithes?, Swiss BAnk? , Dubai, South Africa? Ghana? London? Potomac?.

NAME THEM AND SHAME. 
All cases must be  investigated and prosecuted  with judgments within three months. No be say lawyer go begin dey bring stud for court. NA RETIRED GENERALS, PERMSECS, SENATORS , MINISTERS, BIG BIG LAWYERS , JUGGERNAUT POLITICIANS.
THIS TURF I NOT FOR SMALL FISH. OGBEHA AND HIM PADDY FOR SENATE- MARKUS BABA!!! DON BEGIN RING BELL

chosen04 (f)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #51 on: September 21, 2009, 02:01 PM »



  Pls let OLOLO stop calling the bank CEOs. He enjoyed the profits from this "RUNS" while it lasted. Let him carry his cross alone. He only wants people to go down with Him.
citizenY (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #52 on: September 21, 2009, 02:28 PM »

ANYONE IDENTIFIED WIH OLOL SHOULD GO AND ANSWER QUESTIONS. WE MUST NOT LEAVE ANYTHING TO CHANCE.
FIGURES INVOLVED AND THYE WHOLE SCENARIO IS NOT SOMETHING THAT THIS WHIZKID CAN SPIN ALONE. THE PATH MUST HAVE BEEN CLEARED , ONE WAY OR THE OTHER BY INFLUENTIAL PERSONS EITHER ON PERSONAL GUARANTEES OR THE WEIGHT OF THEIR OFFICES.

SURELY THIS COULD NOT HAVE BEEN DONE BECAUSE THEY LIKE HIS FACE. IS OR WAS EITHER A WILLING TOO OR A GOOD COORDINATOR.THEREFORE ALL THSE WHO BENEFITTED IN THE PROCESS MUST BE IDENTIFIED. THERE SHOULD BE NO EXCEPTIONS WHATSOEVER.
lawrence83
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #53 on: September 21, 2009, 02:42 PM »

Only in my country! Shocked Shocked Shocked Shocked
lawmanlala (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #54 on: September 21, 2009, 02:57 PM »

if truly this man owes so much, then cbn should also be blamed. it is the duty of cbn to monitor and regulate the commercial banks. the fact that these greedy nigerians were able to collect these billions from the banks means that the banks were not monitored by cbn; pure negligence
Pro Anti
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #55 on: September 21, 2009, 03:14 PM »

Abeg make una leave  man alone.
He didnt force the banks to give him money.
They gave him money to do them a favour.

Blame the greedy CEOs.
Blame the Nigerian economy whose major industries are the capital market, corruption and oil and gas.
Blame urself for blaming the rich for all your troubles. Blame Pro Anti for his/her crazy stand.
semid4lyfe (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #56 on: September 21, 2009, 03:52 PM »

You guys can call it Financial scam but I call it Financial Intelligence. The only thing he did wrong was breaking the 11th Commandment - Don't be caught.
semid4lyfe (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #57 on: September 21, 2009, 03:55 PM »

? ? ?
citizenY (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #58 on: September 21, 2009, 04:20 PM »

@PRO ANti

You forgot to mention Gala, pure water and macaroni as the major industry

Export Nko-- crude oil and chikito"s Wink Wink Wink Wink Wink mexican style and the biggest of them all--outsorcing from the yahoo industry
diigirl
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #59 on: September 21, 2009, 09:17 PM »

Pls I want to ask, did anyone notice that Ololo is also owing First Bank the sum of N7.3 billion? I wander how my "broda" Sanusi will  explain that.
Finecat (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #60 on: September 21, 2009, 10:02 PM »

believe it or not NIGERIA IS A FAILED STATE, it is in the same category as Chad and Niger republic. look at this olodo guy walking out of jail with a smile on his face after all the bad things he's done.
VIPICO (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #61 on: September 21, 2009, 11:51 PM »

The average and innocent shareholder is supposed to be really peeved by this sad development but I notice in that second picture that it is the president of Nigeria's stockbrokers association that is having a handshake and a broad smile with this manipulator.

We are finished!!!
PurestBoy (m)
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #62 on: September 22, 2009, 01:15 AM »

ololo olojoro
rygem
Re: Peter Ololo: Biggest Bank Debtor. Nigeria's Madoff?
« #63 on: September 22, 2009, 05:12 AM »

That's how Nigerian stock market became one of the bests in the whole world?! Stocks grew over 200% in a month and people didn't see anything wrong, Madoff-type ponzi scheme re-engineered.
 Why Are There So Few Fast Food Joints And Malls In Nigeria?  Lagos Imposes Levy On Generator Owners!  Soap-making Business In Nigeria  Page 2
Pages: (1) (2) (3) Go Up Send Topic to Friend by E-mail Reply 


Sections: Autos/Cars (2) Jobs/Vacancies (2) (3) Career Talk Education General(2) Politics Romance Computers Phones Travel
Sports Fashion Health Religion Celebrities TV/Movies (2) Music/Radio (2) Books Webmasters Programming

Links: Page1 Page2 Page3 Page4 Page5 Page6 Page7 Page8 Page9 Page10

Nairaland is owned by Oluwaseun Osewa. See also: Nairalist Classified Ads
Nairaland Forum | Powered by SMF 1.0.12.
© 2001-2005, Lewis Media. All Rights Reserved.