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Nairaland Forum / Nairaland / General / Politics / 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account (16501 Views)
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Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by legalwealth(m): 4:47pm On Aug 08, 2019 |
Chai! Five(5) Trillions |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by Nobody: 5:00pm On Aug 08, 2019 |
aremuforlife:must u quote everything
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Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by bkool7(m): 5:15pm On Aug 08, 2019 |
jasmine1600: Igbos and propagandas Keep spreading fake news https://www.dailytrust.com.ng/fact-check-did-bill-gates-publicly-rebuke-buhari-nigerias-leaders.html |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by chinedumoooo: 5:22pm On Aug 08, 2019 |
Bravo,my fearless and courageous presido. 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by higgs: 5:23pm On Aug 08, 2019 |
There are cases where the courts can legally remove the veil of incorporation in order to expose and punish individual offenders. In the end,the courts may judge each case on its own merit. FarahAideed: 6 Likes 1 Share |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by gabicon: 5:23pm On Aug 08, 2019 |
Pavarottii: Borrowing to Foster growth and development is not bad, if The great America are to pay back it's debt it will take 40 years of paying $1billion daily to do so, similar case goes for most top economies in the world. We had a recession and the only way to get out of it was to spend out of it and you don't spend money you don't have you have to borrow. We should be less concerned about the borrowing and focus more on it's sustainability and utilization. For instance if we borrow to finance 2nd niger bridge or Lagos/ibadan express that's good borrow but if we use it for recurrent that's bad borrow. I disagree with the notion that nobody can entirely service their loans many businesses in Nigeria like coscharis are serving their loans to maturity. Some people have made it a career to borrow and not pay back those are the once Amcon is after. 8 Likes 2 Shares |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by nedekid: 5:23pm On Aug 08, 2019 |
FarahAideed:Thank you jare. The only sensible post I have seen here. 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by beardedboy(m): 5:26pm On Aug 08, 2019 |
jasmine1600: You're destined to be negative and pessimistic. Nigeria will progress. It is you and your family that will never progress. Bloody bigot. 3 Likes |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by lexy2014: 5:28pm On Aug 08, 2019 |
aremuforlife: Is it d 5t that is being owed that is holding d masses to ransom or d people that will recover d money like they recovered Abacha loot& still pocket it? |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by lexy2014: 5:29pm On Aug 08, 2019 |
beardedboy: How will Nigeria progress? |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by Lovelive: 5:31pm On Aug 08, 2019 |
jasmine1600: Please always remind us with these |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by aremuforlife(m): 5:33pm On Aug 08, 2019 |
[/quote][quote author=lexy2014 post=81070081]5t will go a long way to help the masses if well spent into necessary infrastructures and social amenities. |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by Nobody: 5:35pm On Aug 08, 2019 |
gabicon: baba you really know how economy and finance work. i respect you... 3 Likes |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by OlujobaSamuel: 5:36pm On Aug 08, 2019 |
FarahAideed:What are the conditions for lifting of veil of incorporation? |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by AngelicBeing: 5:39pm On Aug 08, 2019 |
davodyguy:What, how did the banks advanced him such a huge amount of money 2 Likes
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Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by dimusky: 5:39pm On Aug 08, 2019 |
Draconian law. A company is different from its Directors and shareholders. Why pierce the veil of incorporation on grounds of debts of the company. |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by Deepfreezer(m): 5:41pm On Aug 08, 2019 |
Y'all should get ready to welcome thousands back to the unemployment market look at the kind of policy a President is making, did this man even suck his mother's breast |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by maasoap(m): 5:48pm On Aug 08, 2019 |
FarahAideed: Mr high IQ, your IQ forgot to tell you that these thieves might have diverted these loans to their private individual accounts. 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by NkemChukwudi: 5:49pm On Aug 08, 2019 |
FarahAideed: Please grow sense. Please just grow sense immediately!!! This is a case of practical realities on ground overriding impractical, unnecessary, dogmatic nonsense such as 'incorporation'. You should have also pointed out that in sane environments the law is allowed to 'lift the veil of incorporation' under which criminals and unscrupulous people (including PDP people , thieves) usually hide. This is a good move. 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by NkemChukwudi: 5:50pm On Aug 08, 2019 |
Deepfreezer: Ignorant and irresponsible crazy comment! |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by NkemChukwudi: 5:52pm On Aug 08, 2019 |
nedekid: there was no sense in that comment by FarahAideed - a confirmed Buhari hater, please check yourself! 2 Likes 1 Share |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by NkemChukwudi: 5:54pm On Aug 08, 2019 |
higgs: You dey mind that Buhari Hating ignoramus FarahAideed 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by lexy2014: 5:55pm On Aug 08, 2019 |
aremuforlife: D one that those in charge of infrastructure & social amenities have, what have they accomplished with it? All d high profile seizures& Abacha loot returned, what has been accomplished with them so far? |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by NkemChukwudi: 5:55pm On Aug 08, 2019 |
Pavarottii: This is one of the most stupid comments I have ever read on NL. Rubbish!!! 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by maasoap(m): 5:55pm On Aug 08, 2019 |
Pavarottii: May be you should tell your lawmakers who amended the existing law. But let me tell you why it is essential for AMCON to recover those loans by all means: AMCON bailed out the original corporations that would have gone bankrupt as a result of borrowing by those useless billionaires who would borrow money from banks with the intention not to pay back. Many banks' customers would have committed suicide if not for AMCON intervention. 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by aremuforlife(m): 5:56pm On Aug 08, 2019 |
[/quote][quote author=lexy2014 post=81070941]Are you in support that they should go without paying 1 Like |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by lexy2014: 5:57pm On Aug 08, 2019 |
aremuforlife: U still haven't d question I asked. U just beating around d bush. D one that those in charge of infrastructure & social amenities have, what have they accomplished with it? All d high profile seizures& Abacha loot returned, what has been accomplished with them so far? |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by bigpicture001: 6:02pm On Aug 08, 2019 |
Very wrong move by the president on corporate nigeria |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by FarahAideed: 6:16pm On Aug 08, 2019 |
maasoap: The banks should have done their due diligence , risk assessment and collateral bonding properly . |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by dataking: 6:16pm On Aug 08, 2019 |
Pavarottii: Shut up 2 Likes 1 Share |
Re: 5T Naira Debt: Buhari Approves Law Empowering AMCON To Access Debtors’ Account by maasoap(m): 6:19pm On Aug 08, 2019 |
FarahAideed: And because of that, the money they borrowed should remain in their private accounts? That's the beauty of law my friend, everyone has got to comply. Desperate time calls for desperate solution, no hiding place for thieves |
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