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Nairaland Forum / Nairaland / General / Business / Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor (977 Views)
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Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by Connoisseur(m): 12:16am On Sep 24, 2021 |
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Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by Connoisseur(m): 12:16am On Sep 24, 2021 |
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Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by Connoisseur(m): 12:20am On Sep 24, 2021 |
A long read Lalasticlala please help us |
Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by TarOrfeeek: 12:25am On Sep 24, 2021 |
This LC issue is very troublesome. But FCMB really did poorly for not confirming the credit standing of the issuing finance body. In the course of that DD they would have discovered the regulatory issues with one of the banks. CBN can't do much to be very honest. Even if they try to intervene there's no where FCMB can get $150,000 to give you. Not in this business environment. |
Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by Connoisseur(m): 12:31am On Sep 24, 2021 |
TarOrfeeek: If the CBN can't do much, they didn't have 5o rely on the section of the law to validate the bank's position. |
Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by TarOrfeeek: 1:13am On Sep 24, 2021 |
Connoisseur: You must understand that the law as contained therein is to a large extent protection of the financial institutions. Will you pursue this case in court? If you can do. There's substantial evidence to prove that FCMB failed in its responsibility to ensure reliability of the service it is mandated to carryout for you. CBN and her CPD will do little to indict FCMB because that's how these institutions work. It could set a bad precedent for exporters and 3rd party creditors. |
Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by Connoisseur(m): 1:23am On Sep 24, 2021 |
TarOrfeeek:I understand you Thank you for your advice |
Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by cybersoldiers: 8:14am On Sep 24, 2021 |
This is why most exporters don't want to have anything to do with all these useless Nigerian banks. |
Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by Connoisseur(m): 12:15pm On Sep 24, 2021 |
It's just terrible |
Re: Fraudulent LC Advised By Access Bank And Fcmb:An Open Letter To The CBN Governor by DelTel(m): 1:58pm On Sep 24, 2021 |
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