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Nairaland Forum / Nairaland / General / Business / Ecobank Asks FBN To Reject Otudeko’s Share Acquisition (13868 Views)
Ecobank Writes Firstbank Over Otudeko / Otudeko Buys ₦87.8bn Shares To Become Largest First Bank Shareholder With 14% / Emefiele: Oba Otudeko Rebuffed My Pleas On First Bank Crisis (2) (3) (4)
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by Gboom: 8:37am On Jul 11, 2023 |
Common man does not get loan easily, the bank will frustrate the person to the extent that he will lose focus 1 Like |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by iamdapsyj(m): 8:54am On Jul 11, 2023 |
1 Like |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by BarrElChapo(m): 8:55am On Jul 11, 2023 |
Lol..... Thieving oba 😂 |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by iLoveYouToo(m): 8:57am On Jul 11, 2023 |
People get money sha |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by AKWATGOLD1(m): 9:10am On Jul 11, 2023 |
I think Ecobank is also a culprit or accomplices in this case of =N=13.5B owed Ecobank because how can single individual personally guaranteed a loan of that magnitude and accepted by financial institution which bank knows is the owners of the company seeking the financial credit loan. |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by baralatie(m): 9:16am On Jul 11, 2023 |
ebexofficial:In pidgin English The man use these these wey him dey owe bank divert am go spv come run go another bank to use the same these by am to own another bank. And before him be owe fbn these run oo |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by baralatie(m): 9:17am On Jul 11, 2023 |
AKWATGOLD1:well I think one time he had ecobank shares or so |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by Mpanyi: 9:25am On Jul 11, 2023 |
People get money for this country o |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by largeman4u(m): 9:39am On Jul 11, 2023 |
EFCC should intervene. People that stole billions are difficult to touch in Nigeria. This is so sad. Depositor’s money for that matter. |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by REALretep(m): 9:41am On Jul 11, 2023 |
Yankiss:Seems you don't really understand. The letter is absolutely necessary because the man has smartly evaded sufficient enforcement of the judgement by moving the funds from the debtor companies to the new Barbican company, and now to FBN. This is because the creditors may not be able to recover the full value of the debt if the judgement is enforced as it currently is. It would take another round of litigation to convince a judge that the action of Otudeko was to undermine the supreme court judgement. |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by APCNig: 9:44am On Jul 11, 2023 |
Oba Otudeko and Tony Elumelu are Nigeria’s biggest boardroom thieves. Ogun go kee them very soon. |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by amp01(m): 9:54am On Jul 11, 2023 |
Ikaeniyan0: Pray we get to that level.some people take loans with just their names. The worth of the name is VERY IMPORTANT. 1 Like |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by iLoveYouToo(m): 9:59am On Jul 11, 2023 |
sonnie10: Define self made. Anyone involved in massive trade/business at some point took loans or obtained products on credit. Ask around |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by Geovanni412(m): 10:09am On Jul 11, 2023 |
teeytimi: The rule.... You owe the bank millions... that's your problem You owe the bank billions.... that's their problem Otudeko is just playing the game. They need him more than he needs them. Hopefully, FBNH does the needful for the sake of their shareholders. Removing Otudeko from FBNH was probably the only good thing Emefiele did. 2 Likes |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by HRMK: 10:34am On Jul 11, 2023 |
#13BN DEBT?WHY NO COLLATERAL?THOSE BANK MANAGERS ARE THIEVES COLLECTING PERCENTAGES ON SUCH LOANS AND IGNORING THE TERMS FOR THE APPROVAL!! |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by iyke2frankeze: 11:01am On Jul 11, 2023 |
Ikaeniyan0:He was the chairman of the bank and gave the loan to himself and disappeared. 1 Like |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by Ikaeniyan0: 11:05am On Jul 11, 2023 |
iyke2frankeze:Nah wah o The banks have learnt nothing from why the likes of bank phb, oceanic etc collapse in the past 1 Like |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by iyke2frankeze: 11:17am On Jul 11, 2023 |
Ikaeniyan0:There should regulation relating to these mogules buying over company shares overnight and selling same overnight because they use such short period to reap the corporations apart knowing fully well that he will not suffer the consequences with other shareholders. 1 Like |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by phranseeqz(m): 12:41pm On Jul 11, 2023 |
teeytimi: personal guarantee is another type of collateral/security |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by zoedew: 12:45pm On Jul 11, 2023 |
Is FBN party to the suit between Ecobank and Oba Otudeko? Garnishee proceedings are available but the horse has now bolted from the stable! |
Re: Ecobank Asks FBN To Reject Otudeko’s Share Acquisition by Alliswell248: 1:43pm On Jul 11, 2023 |
Hoilgbegiri: Ok Rest...hope you have achieved your aim? Kid. |
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