Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!

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Date: November 22, 2009, 12:57 PM
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Nairaland Forum  |  General | Welcome  |  Money (Moderators: FOD, naijacutee)  |  Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!
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Author Topic: Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!  (Read 2343 views)
DatNiggaAk (m)
Re: Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!
« #32 on: October 04, 2009, 01:43 PM »

Quote from: tubbytubby on October 03, 2009, 08:31 PM
well am enjoying my new job so much am happy i left that useless bank PHB
Do you all remember my thread and all the things i told you guys was going on in that useless bank.FA bit the fingers that fed him,at a point when the money got into his head too much ,he started to talk like GOD.am sure he never knew this could happen to him as he will never have merged FINACORP with BankPHB but now it is too late for him.

I hope he dies soon and his testtube babies die with him, he is so wicked and deserved nothing much from life.he cheats on his wife in front of her and buys cars for women with the bank's money.he chased mary B away and frustrated so many people out of their career in that bank and this is a real case of karma.him and other ED's have a lot of answers for EFCC as i hear those cheated out of the system like mary b and one man (cant remember his name),and so many other people have been submitting all sorts to efcc to nail him to pieces.Also for his loyalists,you people are the worst as some of you are the ones compiling the documents against your former boss.Well old friends always last,if this fool had stuck to aunty mary and not sacked her in shame after all she did for the bank with her "pulala" then he would maybe still be the MD

FA,a word for you is you are a big fool and 419er and your arrogant ways couldnt save you this time.Bastards never live.you better commit suicide,its better than for you to watch the government take a bank you built with your sweat from the beginning,only if you had listened.Over ambitiousness kills.The 2 billion you stole will be returned by force by the government.thief like you.

I wish you roast in hell with a heart attack just as you have made people that suffered with you cry and disgraced them out of the system

chineke!!!!
i neva see this kind beef for my life b4,
wetin FA do you bros?
i also worked with him when it was still platinum(i was one of the foundation staff in abuja)
i left because i no like bank work esp operations(too much bs)
take am easy abeg. the kind hatred wey you dey spew out fit land you 4 hell o!!!
yawmee
Re: Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!
« #33 on: October 05, 2009, 01:33 AM »

Nairalanders,

I always want to post everytime on  NL but end up procrastinating 'vry now and then.

However, the current banking reform is one that has me very concerned. I've followed the actions of Sanusi in the past couple of months and I'm getting scared for my country. Not because of the billions used in bailing out the banks, or the removal of bank CEO without a common logic or pattern but because the CBN is doing the same thing they are trying to exorcise the banks from- bad corporate governance.

The actions of the CBN is causing panic in economy and it seems Sanusi has embarked on a journey that he has no clear exit strategy.

Who do these CEO's report to? Is 600billion not too much of a price  to pay to bail out these banks? Are we not reverting to heavy government involvement in the economy which is usually a catalyst for corruption? So what happens if the banks are unable to pay back the 600bill? Won't nepotism and cronism be glorified again?

Would it  not have been better to slowly allow the bad banks wind down their operations like AIG's case in the US?
NL people, I am really worried for our economy 'cos 'vryone- media especially- sees Sanusi's actions as messianic but i think we have just gone several steps backward in nation building again.
nethacker (m)
Re: Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!
« #34 on: October 05, 2009, 09:19 AM »

Quote from: yawmee on October 05, 2009, 01:33 AM
Nairalanders,

I always want to post everytime on NL but end up procrastinating 'vry now and then.

However, the current banking reform is one that has me very concerned. I've followed the actions of Sanusi in the past couple of months and I'm getting scared for my country. Not because of the billions used in bailing out the banks, or the removal of bank CEO without a common logic or pattern but because the CBN is doing the same thing they are trying to exorcise the banks from- bad corporate governance.

The actions of the CBN is causing panic in economy and it seems Sanusi has embarked on a journey that he has no clear exit strategy.

Who do these CEO's report to? Is 600billion not too much of a price to pay to bail out these banks? Are we not reverting to heavy government involvement in the economy which is usually a catalyst for corruption? So what happens if the banks are unable to pay back the 600bill? Won't nepotism and cronism be glorified again?

Would it not have been better to slowly allow the bad banks wind down their operations like AIG's case in the US?
NL people, I am really worried for our economy 'cos 'vryone- media especially- sees Sanusi's actions as messianic but i think we have just gone several steps backward in nation building again.
Hmm.this has ignited my concern
DatNiggaAk (m)
Re: Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!
« #35 on: October 05, 2009, 10:37 AM »

Quote from: yawmee on October 05, 2009, 01:33 AM
Nairalanders,

I always want to post everytime on  NL but end up procrastinating 'vry now and then.

However, the current banking reform is one that has me very concerned. I've followed the actions of Sanusi in the past couple of months and I'm getting scared for my country. Not because of the billions used in bailing out the banks, or the removal of bank CEO without a common logic or pattern but because the CBN is doing the same thing they are trying to exorcise the banks from- bad corporate governance.

The actions of the CBN is causing panic in economy and it seems Sanusi has embarked on a journey that he has no clear exit strategy.

Who do these CEO's report to? Is 600billion not too much of a price  to pay to bail out these banks? Are we not reverting to heavy government involvement in the economy which is usually a catalyst for corruption? So what happens if the banks are unable to pay back the 600bill? Won't nepotism and cronism be glorified again?

Would it  not have been better to slowly allow the bad banks wind down their operations like AIG's case in the US?
NL people, I am really worried for our economy 'cos 'vryone- media especially- sees Sanusi's actions as messianic but i think we have just gone several steps backward in nation building again.

true talk my brotha. the negatives far out weight the positives.
i cant say much because i work under the man.
i still need my job for the rough times ahead,
brein
Re: Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!
« #36 on: October 06, 2009, 12:45 AM »

Well,
odedele
Re: Bank Phb, Spring Bank And Etb Mds & Eds Axed By Cbn - New Mds Appointed!
« #37 on: October 09, 2009, 08:23 AM »

 Can the CBN truly say it has been fair in its decision on Unity Bank? Granted that it must be commended for not succumbing to pressure that must have brought to bear just because the family of President Umaru Musa Yar’Adua holds some interest in BankPHB.  However, Section 14 of the Banks and Other Financial Institutions Act (BOFIA) provides stiffer sanctions for banks that fail to meet the minimum capital adequacy ratio as stipulated by the apex bank, which could include the withdrawal of the bank’s licence, than insufficient liquidity. Moreover, Unity Bank, a financial institution and publicly quoted company, has failed for two successive years to publish its audited/unaudited financial accounts, and yet, it was deemed by the CBN not to have “poor corporate governance practices”.
we now know better.
 Which Is Beta Cashcraft Or Meristem Securities?  Sanusi's Impending Catastrophe: Cbn Directives Causes Stir In 'troubled' Banks  Acorn Petroleum Limited Private Placement  Page 2
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