tkb417:

bailed out using tax payers money?

and so? did they tell you the money would not be repaid?

Government dont make investments ?
Maybe what you typed is a mistake.

What you don't know might be killing you
There is an art of investing, it's hardly a science baby. A wise investor would have in 2008 divested himself of 50% of his holding to recover his full investment and the rest run as free call so that if trouble happens in the market, he'll be at no risk
Investing is no gambling but if you look at it from a novice point of view or from a half-hearted investor point of view, it looks like Asyrian magic. I decide to post a simple market chart to you that I just snapped now, if you're an investor you'd know what to do immediately.

Holla!

tkb417:

Go back to school

have you seen the Income statement or profit and Loss statement of any CBN?

u dont have a brain

dont mind the rat
someone bought a bank shares for less than 7naira, got bonuses, dividends, capital appreciation of more than 300% and couldnt take his gain to recoup his investments when the goin was good.

how is ma biz if his 160k dropped to 2k? as a matter of fact, if in the same position, i would have amassed more than 500k in the same time frame

Gidtruth:

What the crap are these emergency investment analyst who are probably yet to get of school whining about?

Do you know how many investment houses in Lagos (Including   Falcon Securities allegedly owned by Akingbola and wife) who analyze the market also lost money without saving their entire investement. I am just a small time investor  in ICB shares not a guru and all i expect is growth in my investment from a public offer. I am not a speculator and the only person  apart from myself i can hold responsible is the management of the bank.

I also invested in GTB managed by muslims at he top and it's being wonderful in terms of returns, bonus and dividends. ICB managed by alleged pastors gave me no dividends and only crappy dividends.

They deceived all by making their staff have morning devotions and share word for today. They (including Oceanic) were busy announcing awards of best this best that thereby deceiving shareholders. Meanwhile they were busy carrying out insider dealings giving loans to family and cronies and acquiring personal properties on the island and abroad.

Any wonder the investments went almost belly up? Don't you know ICB and a few others shares took a very heavy battering compared to other banks?

Continue to defend them while people of other faiths laugh their buts out on very shallow standards Christians hold themselves to. Always in a hurry to embrace fraud and hide, defend and protect bad behavior.

Is someone still saying the current state of Intercontinental has no relationship with Akingbola's management style?

precap2:

After the long ranting, what's your point. Please be brief and to the point.

Holla!

precap2:

After the long ranting, what's your point. Please be brief and to the point.

Holla!

tkb417:

didnt get nothn from all he posted

he invested in ICB and lost money? hehehe

how he lost money i dunno cos he was supposed not to be a 'speculator'

my investment 101 tells me, a speculator is someone who buys to spot economic gains and sell

This foolish man [/b]sold when he was supposed to keep and kept when he was supposed to sell

hehehehehe
[b]foolish man indeed


They still grant access to little children in nairaland go figure what your Christ said will happen to you for what you posted

lmao

Gidtruth:

What the crap are these emergency investment analyst who are probably yet to get of school whining about?

Do you know how many investment houses in Lagos (Including   Falcon Securities allegedly owned by Akingbola and wife) who analyze the market also lost money without saving their entire investement. I am just a small time investor  in ICB shares not a guru and all i expect is growth in my investment from a public offer. I am not a speculator and the only person  apart from myself i can hold responsible is the management of the bank.

I also invested in GTB managed by muslims at he top and it's being wonderful in terms of returns, bonus and dividends. ICB managed by alleged pastors gave me no dividends and only crappy dividends.

They deceived all by making their staff have morning devotions and share word for today. They (including Oceanic) were busy announcing awards of best this best that thereby deceiving shareholders. Meanwhile they were busy carrying out insider dealings giving loans to family and cronies and acquiring personal properties on the island and abroad.

Any wonder the investments went almost belly up? Don't you know ICB and a few others shares took a very heavy battering compared to other banks?

Continue to defend them while people of other faiths laugh their buts out on very shallow standards Christians hold themselves to. Always in a hurry to embrace fraud and hide, defend and protect bad behavior.

Anyone making an investment on religious basis is a fool waiting to be parted from his money

anonimi:

EFCC seizure of AkingbOLE's property is not "government. . . pronounciing the money looted" or is it?
logically, Christ should have told Zaccheus, you know since you have not been pronounced fraudulent and no court has proven your loot, you don't have to restitute to the poor and others

why did adeboye not wait for this cherished pronouncement of yours before sacking AkingbOLE or accepting his resignation?

it becomes clearer every day by comparing their acts and words to the standard established by Christ that adeboye and his pack of ravening wolves in sheep clothing are only concerned with mammon and not God.

Did you read the prospectus that told you you could lose money as well?  Huh

You have no leg to stand on - you invested your money and lost it, not under any compulsion but by your free will. Feel free to demonise who you wish.

So what? Is religion now the basis for investments?

RBS, HBOS and other banks nearly went belly up too - were they also a result of morning devotions?  Huh You are making some poorly thought out conclusions here - making any link between religion and investments is a serious error of judgement.

This is not a matter of standards - anyone can come out and make 'accusations' - till those accusations are established as facts, we are all just engaging in debating conjecture.

Anyone making an investment on religious basis is a fool waiting to be parted from his money.

Gidtruth:

And how is it my problem if you have difficulty comprehending english? Must you post at all cost? If you got nothing more to write move over

tkb417:

excellent!!!!

and thanks for reminding me the disclaimer on the prospectus
that summarises everythn

debosky:

Zack declared his own guilt - have you heard Akingbola declare himself guilty?  Huh Try to use examples in the right manner and apply some logic.

Gidtruth:

@Debosky,

They hold morning devotion there too, new info , but where the CEO's accused of acquiring properties all over the world with values close to what their banks lost?

Gidtruth:

@Debosky,

At least i can say you actually read through my post before your replies unlike the other two guys with comprehension problems.

You don't need to tell me there is risk at every in every investment even when it is advertised as risk free. If you read my post well however i clearly stated i blame myself for the investment decision but i still do blame the management headed by the CEO. I don't know how you missed that

You obviously got your conclusions mixed up here. Akingbola flaunted his religioius credentials to show a false air of integrity which matters in business No? If you say he conned us with that then we are getting somewhere. He is that last CEO we expect to be accused of fraud even before Ovia or Elumelu.
Don't forget this is also religious section.

They hold morning devotion there too, new info , but where the CEO's accused of acquiring  properties all over the world with values close to what their banks lost?

You just joined NL and your first few posts are this smelly. You rant endlessly and got corrected then you lost your mind. Are you always like this?

debosky:

Again, I repeat INVESTMENTS based on religious sentiment is tantamount to throwing money away. I wouldn't allow a 'Christian' to operate on me if he was not a qualified doctor so why would I let that sway a financial investment?  Huh His religion is immaterial to a judgement of his professional capability.

Again, I repeat INVESTMENTS based on religious sentiment is tantamount to throwing money away. I wouldn't allow a 'Christian' to operate on me if he was not a qualified doctor so why would I let that sway a financial investment?  Huh His religion is immaterial to a judgement of his professional capability.

This is the religious section yes, but we are not doing a 'compare and contrast' between Muslim bank managers and Christian ones as your post alludes. In terms of 'expecting' fraud, I expect the worst - previous experience has shown that being called 'Pastor' is not synonymous with being a good manager.

precap2:

This guy is very boring
Why don't you leave the forum and return to your vulcanizing shop?

Holla!

Gidtruth:

Again and again Debosky you keep making conclusions based on faulty premise. If you find it alright you are entitled to your opinion but i find it difficult to accept as normal an ordained pastor in one of Nigeria's largest churches enmeshed in serious allegation of fraud and breach of trust. To add to it he is on the run from the law.

Meanwhile his professional capability is not in doubt the issue at stake is his personal integrity

Gidtruth:

Again and again Debosky you keep making conclusions based on faulty premise. If you find it alright you are entitled to your opinion but i find it difficult to accept as normal an ordained pastor in one of Nigeria's largest churches enmeshed in serious allegation of fraud and breach of trust. To add to it he is on the run from the law.

Meanwhile his professional capability is not in doubt the issue at stake is his personal integrity

The guy is very hard of hearing and that's the bane of everything he's doing.
Lion Bank was Managed 100% by Muslims, even their staff was more than 80% Muslims and yet where is Lion Bank today? It's not about religion, it's about time and chance in making good decision. I have the shares of AIG (America International Group), and the management was one of the best, yet they failed in their decisions and my shares lost 80% in less than 6 months. Did you notice that America bailed out Citi Group with tax payer's money? CitiBank management failed and they didn't ask the CEO to return his Ferari Enzo.
Wake up oga investor.

precap2:

He will die in his mistakes
Running from the law? Which law? Was it not the same law that was going to pronounce Nuhu Ribadu guilty, but after he ran away the law said he did nothing wrong. There are no laws only crazy humans like you. The "law" becomes what these crazy !d!ots want it to become.

Holla1

Gidtruth:

What! you lost money investing in shares too? Am waiting for your co-traveler tkb417 to come out calling you a fool!!

Gidtruth:

Would you do same if accused in the society you have made your home? Is that christian behavior as recommended by the bible?

debosky:

I have never accepted it as 'normal', but I am no longer naive enough to think that simply being a pastor means you can't be engaged in fraud. That is the sad reality of things. I do not tolerate such behaviour in any form, but at the same time, I will not participate in condemning individuals without due process and hearing their side of the matter.

Pastors should be above board, but the bible also advises us to be wise - don't follow blindly expecting the title of 'pastor' will remove any risk of corruption.

If he is indeed guilty, there will be lots of time to condemn him - I see nothing wrong in letting the process of accusation/trial/prosecution take its course before passing judgement. The haste to not only condemn the man, but more importantly link his corruption to RCCG when no such evidence exists is unacceptable to me.

precap2:

I bought the shares to keep because I believe the corporation is good. I still intend to keep it and I'm not complaining. That's the difference. You were accusing Akingbola in your case and I'm not accusing anyone because I made the decision to buy for keeps.

precap2:

I think your biggest problem is that you want to steer this discussion into religious comparison and no one is giving you the chance. You still won't have the chance. If you need to discuss religious business leaders, join another thread or start one

Holla!

precap2:

Tired of trying to bring dumb jack out of sh!thole. 
I quit with this guy, let another try to brush him up

Holla!

Gidtruth:

You and i know that in law there are technical loop-holes and getting a good lawyer can give you a latitude of room to maneuver.
But the nitty-gritty is that perception matters a lot, we don't start to form our opinion on the basis of a court simply pronouncing a person not having a case to answer.
Very few nigerians believe the elections declared as OK by the courts are actually so, otherwise Segun Oni and Akala are good candidates for ordination as pastors as they are now. Many still believe OJ simpson has some connection with his ex-wife's murder
where we are told he lost the civil case but won the criminal case (correct me if am wrong here).

The question and the point of this thread is not to trace every kobo Akingbola paid to RCCG but on major items like the aircraft issue (if true) and any cheque or physical item from him.

Church should be perceived and seen setting a standard by fleeing from any form of corruption by things of this world. Whatever RCCG would lose in returning such items and monies it would gain by maintaining a moral high ground.

Plus am surprised daddy GO has never picked out Akingbola during Holy Ghost night and warn him to desist from fraud same way they catch adulterers, witches etc by saying 'somebody here' ,

debosky:

You are right that guilty people can escape on technicalities, but that does not mean we should accept every rumour or accusation as fact. Forming an opinion is free, facts are sacred. I will still choose to err on the side of caution and give people benefit of the doubt before passing judgement.

debosky:


If the principle is what is important, then RCCG shouldn't keep a single KOBO of the looted offering, if it exists. The only way to determine this would be through investigation. This should not be restricted to only 'major items' but ALL of it.

debosky:


Many calls have been made for people to desist from fraud - that people are not mentioned personally does not mean it is condoned.