Nigerian banks are among the world's most corrupt

Transparency International says corruption in the Nigerian Banking Sector was evident since the 90s.

[img]http://234next.com/csp/cms/sites/dt.common.streams.StreamServer.cls?CONTENTTYPE=image/jpeg&STREAMOID=lCERsOk_ix1FNU3ccePg_i6SYeqqxXXqBcOgKOfTXxRMpjtZ1Rjhejw9ExaTYugGnW_PgxgftuECOcfJwS6Jtlp$r8Fy$6AAZ9zyPuHJ25T7a9GKDSxsGxtpmxP0VAUyHL6IDcZHtmM2t7xO$FHdJG95dFi6y2Uma3vSsvPpVyo-[/img]Unlike previous corruption cases, Ganiyu Ogunleye, Managing director of the Nigerian Deposit Insurance Corporation has not been inundated with requests to pay bank depositors monies.

This news is not new.

What is actualy wrong with the people of northern Nigeria, where is this people leading us to, why is it that any thing that enters into their hands fails, why have these barbaric conquerors made Nigeria a failed nation, Nigeria  practicaly became  the most ridiculuous nation on earth since 1967 it entered into their hands,

I once said on this forum during the appointment of Lamido Sanusi that we are about to have an incompetent CBN governor, some folks here disagreed with me,

After Sanusi's appointment as CBN governor , he immidiately cried foul in the public, telling every one that some Nigerian banks are unhealthy as a result of non performing loans, this lead to the sacking of five banks MDs, this action has kept many Nigerians confused ,with many questioning the competence and much louded performance of the immidiate past CBN governor Prof Chukwuma Soludo, and some others argueing that sanusi's action is simply a northern hostile takeover agenda.

In a bid to revitilise these five unhealthy Banks, Sanusi took over 400 billion Naira and injected into these banks as a bail out excecise, this action and the process was hailed by some common Nigerians while the elite class frowned upon it, the most annoying thing about the action of Lamido Sanusi is that these Five Banks in just less than two weeks after recieving these huge some, has lost about 40% of it's share value, an amount close to 470billion naira, consequently, it means that the bailout money injected into these five banks by Sanusi has vanished in the air,

This lost of 40 value was technicaly caused by sanusi himself, as it was as a result of lost of consumer confidence by custotmers and investors who lost confidence in the banks beacuse they were told by Sanusi that they are unhealthy, if sanusi understood his left from his right, he should have known that crying foul in the public will cause loss of consumers and investors confidence and will destroy the banks than helping it, having cried out, he shouldn't have gone ahead to inject such huge some into the banks , because as it has proven,will be a dead end venture, but it did not stop there, instead of sanusi looking for a more technical way to correct his mistakes, he is presently in a bid of reprinting a new naira note,( an action many have predicted is only made to bring back arabic text on naira notes,) this reprinting excercise will cost us billions, in a time our student are at home as a result of ASUU strike,

As many have wondered, is sanusi acting in good faith ? the truth is that, no matter what he/she does, a public servant is primarily judged by the result of his action, if in about six months of taking office , Nigeria is loosing billions of naira because of sanusi stupid and selfish actions, he is not acting in good faith if he was acting in good faith and in the intrest of Nigerians, he should have kept the matter indoors and go ahead and bail the banks, by so doing, the loss of consumers and investors confidence wouldn't have occured, which is even worse than non performing loans, because even if the banks recover today, they will find it extreemly hard if not imposible to regain consumer and investors confidence.

Then what is sanusi realy up to ?, Sanusi is only trying not to STEP INTO A GREAT MANS SHOE ( as theorised by the Jewish American power theorist and war strategist, Robert Greene, the author of the ground breaking, The 48 Laws of Power)Sanusi is only trying not to get lost in the much louded achievement of Prof soludo, he is trying to forge a new trend of his own making, his own public profile,but Nigerians may ask, is it just in a bid for sanusi to satisfy his ego and amoral mind that nigerians will have to waste Billions of naira, well the answer is that ,That is what you get when you appoint aboki as your CBN governor.