₦airaland Forum

mbulela:
Jarus,
why did you duplicate this topic?

bawomolo:
go school and you would understand.

oyb:
i hope say your income expanded along with your JD

But efforts of the board of Bank PHB to persuade Atuche to voluntarily resign over the audit report of the bank proved abortive yesterday at a meeting exclusively for the non-executive directors in Lagos. The directors are said to have briefed CBN about this development.
With Atuche’s refusal to step down, he seems to have jeopardised the opportunity of BankPHB to appoint its own Managing Director to work with CBN.

The apex bank may have to appoint someone to take charge of the bank. It was gathered that BankPHB has three major issues. One is the N65 billion, which it used to acquire Spring Bank, the second is the N50 billion forbearance the bank sought for Spring Bank, while the third is the N23 billion loss alleged to have been incurred during the tenure of the CBN Interim Management Board of Spring Bank led by Sulleyman Ndanusa.

During the tenure of the immediate past CBN Governor Chukwuma Soludo, BankPHB  had tried to secure a N50 billion forbearance, which was presented at the last board meeting that Soludo attended. The request was said to have been turned down.

When the incumbent CBN governor came in, the same request was also presented to the apex bank’s board and it was also rejected.
The thinking of the board was that if at all any forbearance was to be given, it should have been for everyone who wanted to buy Spring Bank and not specifically for BankPHB.

THISDAY gathered that officials of BankPHB are currently in talks with CBN to persuade it to remove the N23 billion losses incurred during Ndanusa’s tenure from its books on the excuse that they were not in the know when they acquired Spring Bank.

But the CBN was said to have declined, insisting that BankPHB ought to have done its due diligence before acquiring Spring Bank.

luv2talk:
Gani Fawehimi to me is just a muslim by name not by practise.i could remeber when  his mother died,he burried her with Casket.I read it in the news paper back then when a lawyer was criticising him.so,i dont think we should blame his Family for burying him with Casket anyway

SPARROW JA:
YOBO'S DA MAN, DOESN'T GET D CREDIT HE DESERVES . 2 GOALS R 6POINTS THUS FAR, SOLID ROCK AMIDST CLAYFUL DEFENDERS. SHAME TO NFF.
OSAZE NXT TO YOBO IN TERMS OF PATRITISM N CONSISTENCY. CLOSELY FOLLOWED BY EYEAMA

Abuzola:
Pls why is noetic been ban again and again and again, i read a post which i presume to be the reason for his ban, he only said that freedom of speech should be allowed which earned him the ban, my threads are locked giving no gateway to freedom of speech

Sine1:
I also have a confirmed story from insiders.

A bank CEO had 200 million used 20 million to buy some property and then sold the remaining millions for some more millions and billions.

Now my question is
Who are your 'insiders' Mr Jarus?

switch47:
A LOT of people ( another group) also likes occupying the back seat during football games but in front for religious services------life is balanced that is why?? priorities-----------for exmple chelsea fans loves taking front seat in soccer and font seat in occultic activities and hooliganism------it is called choices---good or bad-----

uplawal:
@jarus,how are you feeling now,sorry and i wish you quick recovery,anyway,the misunderstanding is over now,we're back together