That linesman is a useless murafoka.

JM, u say mata no dey ur plan, and u put am when u need goal, it is either u are the 'lying one'or u are the 'confused one'

See aw dem dey dribble Chelsea

Stronger line up for Chelsea I think

Deserter? Oya call Lord Stark from Winterfell sharp sharp to come and execute him. Game of Thrones tinzz.

If that Martinez shot had not entered the net, I for no hear word for office on Monday.

acidtalk:


Until there is substantial evidence to prove him guilty, Sanusi is STILL INNOCENT and Accused Falsely.

Plain and simple.

My own be say if dem born sanusi well, make e ask for evidence, na dere u go see blue ...film

acidtalk:

I say a very BIG AMEN to the prayer you just offered to your Father, Brothers, Uncles, Sons, Gradfather, and Pastor (who taught you how to be a very good prayer warrior). Also you shall have tem times the portion of your own very same prayer.

The prayer no go reach me because I no support make sanusi chop another man wife's duri.

acidtalk:

when has the best candidate gotten a job/contract in Nigeria?

Was your President the most qualified when he bribed and rigged his way through PDP primaries and eventually Presidential Election?

Is Stella Odua and Diezeni Allison the most qualified ministers of Aviation and Pretroleum respectively? Why have you all call for the sack from those very crutial and sensitive ministries?

I remember when sanusi was invited as a guest to one occasion somewhere in delta or edo state or so in 2010. He said he always dreamt of changing the bad processes and bad things that ppl do in this country right from his childhood days. He said that if he did not sack those MDs, bad things would still continue as ppl will still have gut to steal pple money. Ppl hail am for that show no be small so Tay dem dey lavish am award as best Cbn governors for plenty places.
Now some journalists (their motive I don't know anyway) exposed sanusi for doing bad thing as Cbn governor. Instead make we give dem journalist of the year, we dey harass dem.
I have prayer, all of u saying nothing wrong with sanusi wiring another man wife, may ur wives be wired by their bosses, if ur wife is a business woman, may she be hammered by somebody giving her contract, if na full housewife, may she be nacked by mr dauda. Ni Oruko Jesu, may she try different styles on her concubines. Ni Agbara eje Jesu, may she go to Dubai to meet and collect his kondo while u ll be here in Nigeria wearing pampers for ur pickin wey dey disturb neighbors with cry for nite. This I ask through Jesus Christ our lord. I go still drop am inside box for prayer requests for church this morning. Eyin were.

SO now, he knows what it feels to be a victim of witch hunting. He went after Akins , ibru etc and left Ovia, elumelu. Now journalists are going after him leaving other mothef..g political office holders. ILe ti mo ba e sanusi. U bin dey march ground jua jua, whereas u ma na daniska. But wait, sanusi really took some Nigerians to be fools. Does he expect those ppl that he brought down to just gree like that ? It is natural, they ll want to fight back especially when they know u re not holier than them. I suspect if sanusi talk pirin, pictures and videos go comot. Na that one go come bad pass. Because the ppl that are so organized and connected so much so that they are able to get call logs and messages would have had enuf pics and even maybe videos.

Lord of the ring part 1. I love the solemn soundtrack

I dont understand why people still say that the banks would have failed if sanusi has not intervened.The banks (8 'rescued') are worse off than what they were before that boko haram came. In terms of confidence (which is the most important thing in banking), depositor's fund and capital base, the banks were better than what they are now. So if they have not collapsed for almost two years despite the bad publicity that CBN gave them, that means they wouldnt have collapsed then.

I learnt that the CEOs then were on the verge of recapitalising before he sacked them.

A question I always ask on Nairaland and Sanusi s supporters have failed to answer is that why did CBN give Unity bank the opportunity to recapitalise in good time and insist that other banks be sold or merge?

I remember late 2009 when America said Nigeria was a terrorist state, Dora, Senator Mark and most Nigerians halla. Now, are we not a terrorist state? I have always trusted USA for their prediction, including that Nigeria will break up by 2015 which most people on this forum will agree that it is 80% likely to happen.
Last year, FBI said we (Nigeria) should be careful of funds that we receive from middle east in form of grants, that most of these funds will be for terrorism. Now, Sanusi is seriously bent of establishing Islamic banking (the seriousness is as if he has a deadline) when Boko haram is heating up in the country ; this will make a  politically risk averse person will suspect that Islamic banking thing in Nigeria. As for me, I dont have a single problem with Islamic banking, infact it will even be good for people like me. But, Sanusi should be more intelligent than trying to force Islamic banking on Nigerians now when the country is yet to get over post election violence and boko haram. For Sanusi to be trying islamic banking in Nigeria as at now means he has hidden intention. It is a shame for Sanusi to try to drive his point home by not telling us that the IBO man is a muslim. The man misled us, the way he misled us about the sacked CEOs and their banks (thank God that peoples eyes have opened) .It shows that the man is not ethical.
Like I said, I will not pray and wish for Jonathan to remove the man. It is left for him to decide. God has shown us that Sanusi is evil, so it is left for Nigerians to do the needful.
Last word, God will punish Yaradua for appoiting sanusi, may he rot in hell, may his soul not find peace where he is.
Islam is not evil. The way it is practiced in Nothern Nigeria is evil. 95% of hausas support boko haram, only that they dont want to say it in public

Aunty Ngozi, ori e wambe, wa sere iya. Ori e fokasibe joo. U too mos. I ll rather have Nigerian Economy run by world bank abi na IMF una call am rather than being run by d.i.c.k headed Aganga. Atleast Aunty Ngozi go teach Sanusi basic convetional economics needed to run this country. E be like say na only Islamic finance and economics sanusi sabi.
I may not be right but I think Nigerian economy was better under the pair of Ngozi and Soludo than any other pair after them. So I still want her as Federal Minister and Soludo as state finance minister. With that Sanusi cannot dribble them as he dribbled Aganga.

Dis Guy:

I'm not a judge or law expert hence just state my opinion
i just did a quick check on their website, are you saying any northerner director in a bank is part of the 'agenda' ? what about the CEOs?
The shareholders are broke! they cant pump any money when they don't have money, the money required the money they are owing cant be raised on the stock market with their current state, Habib bank is a major shareholder of phb isnt/wasnt it? part of the requirement for new investors was capacity and resources or is it because they are from Pakistan? what if a UK bank comes along would that be suitable?
gaining or losing supporters is not part of the job, I dont know the different btw Islamic banking in Pakistan, UK and Nigeria unfortunately i know it has been in the pipeline during the time of Soludo but now a northerner is there it seems there's an issue with it

The shareholders are not broke, if they are they will not be challenging the sales of their banks and clamouring for stock market recapitalisation. Let me tell you what I think, I think Sanusi knows that if he allows those banks to go to stock market like he allowed Unity bank to do, Ibru, Ebong , Akingbola and co will still be the ones to pump in money and have a controlling interest in those banks again. And you know that will spell doom for Sanusi because they will appoint the EDs of their choice who will in turn appoint the MD of their choice who will now expose all the alledged looting of Sanusi's MD's management of those banks. That is why Sanusi at all cost will want to merge or sell the banks to his prefferd bidders who will cover up their mismanagement.
In UK, Islamic/non interest bank is just a product in a bank. It is not that you will see a bank solely for Isalmic banking products.
Well I agree with you on the saying that part of the requirement for new investors was capacity and resources or is it because they are from Pakistan? what if a UK bank comes along would that be suitable?. I am just being sceptical owing to his background and the agreesion with which he is campaining for Islamic banking.
As regards the quote i[b] just did a quick check on their website, are you saying any northerner director in a bank is part of the 'agenda' ? what about the CEOs?[/b] A bank did not have a Northern ED, sudennly, they end up having 2 or three, haaaaaa, that will make me suspicious and that is why I am.
Although to be fair , I dont think he flooded the management of the banks with too much Northerners. After thinking about it just now, I discover there is no proof yet that he is carrying on Nothern Agenda, but there are proofs that he is bent on changing the ownership of those banks at all cost, even if it will cost us our economy.

Dis Guy:

you can wait for three months when all the other banks have funds in these banks, they will withdraw their money and the banks will collapse!
These banks have borrowed from each other, if one banks gets a whiff of the others insolvency it will pull its funds back pronto and they will be exposed!

The banks would not have collapse, u know why?
They had more deposit base then(in 2009) than they do now, they had more shareholders fund then than they do now. Since they have not collapsed now and they can still survive till september (according to sanusi), that means they would have survived then.
My friend, I am not trying to force my opinion on you because I know I can't, I am just persuading to you to try and see it from my angle. It might not be a Northern agenda anyway, but I am very sure Sanusi has an agenda that he dare not made public. He is acting on a script.

As regards the EDW, you know that the fact you borrow money from me doesnt mean that I am richer than you or that you are broke or poor, it might mean that you are sharper than me and you have seen more bussiness deals which I do not see and you dont have enough money to do it. EDW was cheap and it made sense for those banks to borrow from there and invest it in FOREX and co. So, using as yardstick for judging which bank is strong or weak can bring an incorrect conclusion.

Another thing is that as organisation, it is not every time that you will be financially sound, even as human beings, there are times that we will be looking for 1,000 naira and we will not have, that doesnt mean we dont have 1m naira somewhere that we will get in 2 or 3 days, u know what I mean. According to CBN source, Intercontinental had paid all the money he was owing CBN as at June/July 2009. Unfortunately for them, they were judged based on their "EDW unhealthy financial" state as at May 2009. They were sacked in August, why didnt sanusi reverse its decision when he knew that most have those banks had paid what they were owing at EDW.

As regards bad loans, all banks had bad loans, Sanusi himself gave Seaswolf, a three month old company 20m dollars loan{I dont know if I got the figure right, but I know then that the amont is more than 40% of the shareholders fund of FBN as at then) without collateral, the loan went bad and they did not classify it as bad. And people are still saying the man is a saint. He is not a saint joo, he is devil re-incanate.

In what ways have his reform profited Nigerians?

Dis Guy:

How can you wait when there are already people on the plane running outside of the country, there was 2-3 months interval
adverts and letters were already flying with propaganda of persecution. there are only two northern bank, and their edw transaction is not as much as the other banks

if/when a northern appoints a northerner it become some sort of agenda but when a southern appoints a southerner its perfectly acceptable ?

Your first paragraph is not true. Nobody was running out of the country. All the MDs were at that meeting when they were all fired. Fine, Sanusi might say he didnt want the so called guilty MDs to buy their way out and frustrate him from removing them that is why he acted hurriedly; but that is not tenable in a conventional court of law. It is only tenable in Sudan where he schooled. Nigeria is no Sudan.

Dis Guy:

oh please the case is not over, you want people to comment of ongoing court cases?


there has been many court cases going left and right;

this is in the same week two bank shareholders lost out, then won again then lost out


WHAT IS THE HIDDEN AGENDA? ITS BEEN TWO YEARS NOW, THIS AGENDA YOU TALK ABOUT LIKE THE 'CABAL' IS NOT KNOWN?

he wants to sell the banks to muslims, he wants to sell it to northerners? he wants to 'revenge' what?

prior to the intervention they were no northern directors?

just done a quick check, phb: 11 directors 3 northerners

oceanic bank, 3 out of 13 directors

these people could have been there for ages, yet they get accused for being part of some 'agenda', perhaps its a crime for northerner to aspire for any position nowadays

What of Intercontinental bank? Incase you dont know, it is 2 directors out of 4 directors. Formerly there was none.

And you are not right by saying that PHB has 3 out of 13 directors. There is no bank in Nigeria that has up to 13 directors. Unless you are counting with the non executive directors.

If you want to be sincere with yourself, you will know that there is no way CBN will appeal the case and win this case because it involves violation of the natural law of fair hearing. What will they say made them violate the right of the directors to fair hearing? Bros, this is entirely different from the case of "sell the banks" and "dont sell the banks" that depend on how hard lawyers or analysts argue. This has to do with CBN auditing the banks and not issuing audit query before forming its opinion. Ask any lawyer or auditor, he/she will tell you "Sorry for CBN".
Bros, just be fair or impartial for once, why does CBN insist on selling or merging the banks, why not allow shareholders to pump in more money through stock market? Remember what Union bank shareholders told Sanusi last year :'Give us this bank, our pension is enough to recapitalise the bank". Why is sanusi insisting on selling it to Habib bank of pakistan?. And incase you dont know, Sanusi has lost many supporters lately, many eyes have opened since his insistence on Islamic banking. Mind you I am not against Islamic finace, but that is not the way it is being done in convetional countries. Nigeria is not a muslim country but Sanusi is trying to implement Islamic banking as if this is Pakistan. I am okay if it is done the way it is done in UK.

odedele:

Findings reveal that in several of the banks, the board of directors are totally ineffectual and almost irrelevant in the affairs of the banks. The CBN also had clearly decided to change the ownership of the banks, by preventing the previous shareholders from re-acquiring the shares. This issue has been most controversial because of the political implications. Various people argued that the entire exercise was mostly driven by politics. Perhaps, unknown to the CBN, the common belief among a large section of Nigerians is that because the North felt shortchanged by the Chukwuma Soludo led CBN consolidation reforms, the Sanusi led CBN is determined to bring the North back into the banking industry. The ongoing reform is seen from such prism. Governor Sanusi has strenuously strained to deny these allegations, but it would appear that the more he denied them, the stranger they became. Sources close to him told that he has given up efforts at denial and has adopted an indifferent attitude.
However, Sanusi appears to be the main culprit in the perpetuation of this conspiracy theory. Perhaps, unwittingly, he has provided the most active ingredient in spreading this rumour. A former Central Banker who spoke anonymously on the issue said, “Sanusi's insistence on determining the preferred bidders for the rescued banks creates the impression of ulterior motives on his part. If what he wants really is to recapitalize the banks, then all he should be interested in is setting broad guidelines for the exercise and not choosing those who should do it.”
However, the CBN has denied any involvement with the recapitalization exercise beyond supervisory roles. Abdullahi Mohammed, Corporate Affairs manager of the CBN, tol, “The CBN does not comment on the transactions. It is solely between the banks and interested parties.” Sanusi himself has said so at different fora. But findings by reveal a different story. can the CBN is the prime driver of all the transactions, in the Finbank/FCMB merger, Access Bank/Intercontinental, Habib/PHB, etc. In each of these transactions, CBN has been actively arranging, encouraging, discouraging and promoting bids as it pleases! The irony is that it is not even a secret. All over Broad Street and Marina, stories of these goings-on fly openly. Many respondents spoke to were puzzled why CBN insists on denying its deep involvement in the process, and more important, why it insists on controlling it.
Emma Nwosu, former MD/CEO of ACB International Bank Plc told BH, “it is CBN's meddlesomeness and inability to recapitalize the banks that constitute the greatest problems facing the reform agenda.”

But what baffles me is that some people on this forum still say the man doesnt have a hidden agenda. The only question that I have been asking sanusi s supporters and they have been dodging is that why did sanusi allow unity bank to recapitalise through stock market and insist that other banks be sold?

I thank God that my prayer has been answered, when the whole bu ll shit started in 2009, I prayed to God to open the eyes of Nigerians to see that this man had a hidden agenda. Thank God he has done it. So it is left for our leaders to do the needful about Sanusi. Walahi talai sun mon bi lai, I will not pray for our leaders to remove him, if they like, let them remove him, if they like, let them allow him finish executing his agenda.

I hope that m.u.m.u faced Odein Ajumogobia will now see that Sanusi has a hidden agenda.

Why people no dey comment nah, abi nairalanders don go sleep? where is sagamites et al?

Manny4life. I m so sorry , I didn't know that is what you were driving at. Anyway, what I am thinking is that Sanusi should just put beaf aside and allow these banks to enter stock market, my brother, you will be shocked by the amount of money that some of these banks will raise. Sanusi doesnt want these banks to go public because the banks will definitely go back into the hands of some of the former MDs who (IMO) he and farida is yet to find guilty. He is afraid that all his aims will not be fulfilled. Bros let me tell you, that man is a typical Boko haram, he will rather liquidate those banks than allow those shareholders recapitalise. . If not, when Union bank shareholders were saying last year 'allow us recapitalise our bank, our pension is enough to recapitalise our bank', why didnt he agree. Why will he insist that he ll rather sell the banks than allow shareholders recapitalise. That is why Jonathan should remove him ASAP,if he is really interested in reducing unemployment rate
This is what most people have not noticed, or let me say they noticed but they pretended as if they didnt notice.

edo.girl. May you live long, many people will suffer if those banks fail.
Manny4life,feelamong and Da doctor, you are selfish and you are terrible people. It sounds as if you are stakeholders in one of the so called strong banks. That is why you want other banks to be liquidated so that your banks will gain everything. That is why you said people should sell off their shares in the so called weak banks and use it to buy shares in the so called strong banks. What do u guys stand to gain if those banks are liquidated? I m sure nothing. But you guys stand a lot to lose because it is your sons, brothers and sisters that will first get killed or wounded if the staff of those banks become armed robbers after they are laid off.
To those who say the banks cannot recapitalise, it is a big lie. Someone should please answer this question - Why didnt sanusi give those banks the opportunity he gave unity bank to recapitalise. Why did he allow Unity bank to go to market and he did not allow others to do so?