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Nairaland Forum / Nairaland / General / Business / Ibukun Awosika: I Had Great Plans For First Bank (28029 Views)
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Re: Ibukun Awosika: I Had Great Plans For First Bank by ulysses: 7:31pm On May 01, 2021 |
She allowed herself to be played dirty by the Mara"OBA"dona.... 3 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by DWJOBScom(m): 7:45pm On May 01, 2021 |
ecolime: You really got it so clear Well said 2 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by lexy2014: 7:49pm On May 01, 2021 |
RuudVanNisteroy: Spot on 1 Like |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Nobody: 7:53pm On May 01, 2021 |
The hero here is Sola who refused to write off billions as bad/non performing loans. Madam and co, you were going to allow a few of you ‘steal’ from minority shareholders through the usual route of bad loans. Minority shareholders received peanuts as dividends year after due to the stealing going on at the very top. Glad that Emefiele and the MD stood their grounds. In a working society, you all should be in custody by now. 11 Likes 1 Share |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Myself2(m): 7:54pm On May 01, 2021 |
God pass una Thank God for not allowing your "great plans" of wrecking the bank and rendering it insolvent through insider dealings materialise fully 2 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by zicoraads: 7:56pm On May 01, 2021 |
dahmie2013:How can you underestimate the CBN that's a regulatory agency and has the power to remove the entire board? That's sheer stupidity. 1 Like |
Re: Ibukun Awosika: I Had Great Plans For First Bank by MarketDispatch: 7:58pm On May 01, 2021 |
Tectono: Great plans without good corporate governance won't do much if insiders can borrow billions in loans without proper collateral.. 3 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Nobody: 8:01pm On May 01, 2021 |
Goodyness:If you read the initial statement by CBN they already allowed them to write-off N150 billion of bad loans.I think they were either looking to restructure and write-off more loans,before CBN stepped in after the reinstated MD refused to agree to the terms. 4 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by CSTRR: 8:02pm On May 01, 2021 |
Great plans like bad debt and backward Office politics? Overrated. 4 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by baseb: 8:07pm On May 01, 2021 |
You probably had and I do not know how much you did but it never reflected on the dividends. So maybe the act by the cbn is the best. Though one is not sure of anything in this country thesedays. 1 Like |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Bar1941(m): 8:08pm On May 01, 2021 |
Sorry madam, go and implement your plans in your husband's (if you have one) house, allow another thief to steal. 5 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by TrueNigerian300: 8:46pm On May 01, 2021 |
The statement is full of guilt and at the same time trying to exonerate herself. Does she want to tell us she is not aware of the CBN procedure The person (Eranko Oduteko) that put her in that position end up been the cause of her removal. You will see all these criminals in churches and mosques giving motivations but look at what they are doing at the back. Always use your brain and don't follow people like a sheep. Someone that Nigerians should be questioning why she is not in jail here we are they are still praising the criminal. That shows you that a typical nigerian is corrupt and only waiting for the opportunity to show him/herself. 6 Likes 1 Share |
Re: Ibukun Awosika: I Had Great Plans For First Bank by MadeMan01(m): 8:47pm On May 01, 2021 |
DWJOBScom:When they were abusing the privileges and giving themselves insider credits to the point that nonperforming loans were at 26%of loan portfolio, were they following due process. She was part of the problem. She was on the board long before she became chairman. And as such new the rot in the system. She isn't talking to morons. Some of us worked in banks too. Good riddance to bad rubbish. The scale of Insider abuse was shocking. Imagine CBN telling them in 2017 to provision N150bn write of from their profit for 5 years to stabilize the bank. All while she was chairperson and prior to that she was a director on the board 7 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by MadeMan01(m): 8:52pm On May 01, 2021 |
dahmie2013: Women don't like confronting truth The statement by CBN justifying their actions is clear as day. String indeed. Like Cecelia ibru, deziani madueke, etc. 5 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by sowilli: 8:53pm On May 01, 2021 |
TrueNigerian300:I don't really advice people to listen to motivational talks by people who became famous through another brand. The hardest thing to do is giving your self a name, creating your own brand. Only few people do and very few of those who do are worth listening to because people do shitty things to het power, money and fame. 3 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Yankee101: 8:55pm On May 01, 2021 |
And you let Otudeko control you 3 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Bluntemperor: 8:58pm On May 01, 2021 |
DWJOBScom: What due process is this one talking about? Was she not on sit when the MD was edged out on forced-retirement or are you a paid agent! What goes around comes around and that is why you must stand by the truth at all times. This is about the LAW and Process.Was it not the same Board that presented the Dr as MD to the CBN and they got approval,so what are they hidding up till this moment that they refused to tello tell the whole world what the MD did wrong in a forceful retirement? Her plans should be implemented for her now that she compromised her position with other powerful brokers! Kudos to CBN intervention that right the Board's wronful decisions.The former Board definitely were hidding a lot of things from the investing Public and the Regulatory Authority! 3 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Olypm(m): 9:02pm On May 01, 2021 |
DWJOBScom: |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Olypm(m): 9:03pm On May 01, 2021 |
Tectono:How much is Ibukun Awosike owing First Bank. Why did she allow herself to be used by Dr. Oba Otudeko to sack the entire management of the bank without recourse to CBN? Check out my signature if you want to go into export business 1 Like |
Re: Ibukun Awosika: I Had Great Plans For First Bank by kolexy(m): 9:13pm On May 01, 2021 |
Tectono: Only the CEO was sacked not the entire Management. |
Re: Ibukun Awosika: I Had Great Plans For First Bank by GBJakes(m): 9:25pm On May 01, 2021 |
RuudVanNisteroy: CBN is playing dangote's script against honeywell company. |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Vaughanlanrewaj: 9:26pm On May 01, 2021 |
Hmmm. The plans included not paying a small company that designed the 125th anniversary logo of the bank under your leadership shebi? https://www.nairaland.com/5591806/how-first-bank-did-not 4 Likes
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Re: Ibukun Awosika: I Had Great Plans For First Bank by Nobody: 9:32pm On May 01, 2021 |
Vaughanlanrewaj: 1 Like |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Vaughanlanrewaj: 9:42pm On May 01, 2021 |
RuudVanNisteroy: Posterity will judge her harshly sir. Talk is cheap, she has been weighed and found wanting. I still can't believe all those shenanigans including cheating that company happened under her leadership. It is the God those people serve that is dealing with her and the rest of them who knew that FBN cheated the small company but kept quiet. All of them including her,the Mrs Folake Ani-Mumuni, Mr Adeduntan, Oba Otudeko et al will not have peace with God until they pay that man his money. 2 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by CSTRR: 9:42pm On May 01, 2021 |
TrueNigerian300:She likes giving motivational speeches like one big deal. She always forget to tell her students that 90% of success in Nigeria is corrupt. 2 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Nobody: 9:46pm On May 01, 2021 |
Vaughanlanrewaj:To be fair to her she might not be aware of the issue with the logo controversy.However,she can’t claim ignorance of the insider loans that have caused the bank problems. |
Re: Ibukun Awosika: I Had Great Plans For First Bank by CSTRR: 9:48pm On May 01, 2021 |
dahmie2013:Just like diezani maduekwe is a strong woman. You are not alright. People are using customers monies to play ping-pong and you are there hailing them. 3 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Vaughanlanrewaj: 9:48pm On May 01, 2021 |
GBJakes: Dangote is no longer in flour business, he sold it to Olam. Only BUA is still in flour business. The CBN governor actually begged the Honeywell Chairman but he turned down his plea not to sack the MD of FBN. 5 Likes 1 Share |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Vaughanlanrewaj: 9:53pm On May 01, 2021 |
RuudVanNisteroy:I don't think so sir. That news was all over and even trended on Twitter sir. If she did not hear, it is still the kind of incompetence she is trying to deny then She should have just apologized and take responsibility. The MD will not last long on the seat too because they will have enough Intel on him and watch out for season 2 of the FBN's Alibaba and the 40 thieves. 4 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by highness25(m): 10:01pm On May 01, 2021 |
RuudVanNisteroy:What did you do when you had the chance? Shey you were busy hanging people's money thinking they'd not come for it so that you can claim them? Charging people recklessly and you'd say it's for card maintenance fee, sms charges etc. Madam, carry your luggages go far abeg make I see road. The next person will not be different but you don chop so make way and move on. Mumu 3 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by naijaman2225(m): 10:14pm On May 01, 2021 |
SHE WAS CHAIRMAN OF THE BOARD WHILE OTUDEKO WAS PLOTTING TO CANCEL HIS N70 BILLION LOAN OWED FIRST BANK. SHE WAS CHAIRMAN OF THE BOARD WHILE OTUDEKO WAS PLOTTING TO MAKE ONE OF HIS CHILDREN CEO OF FIRST BANK. THOSE ARE NOT EXACTLY THE SORT OF STUFF TO BE REGARDED AS GREAT PLANS. 2 Likes |
Re: Ibukun Awosika: I Had Great Plans For First Bank by Chirowman(m): 10:38pm On May 01, 2021 |
Okay |
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