₦airaland Forum

Link on your signature not going. Thanks.

Ipadabo Abija, Fopomoyo, Jaguda Baba Ole.

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Manta:
Six O And Kaysho: What Is Their Relationship?

These 2 guys are definately good when it comes to hiphop. Both are signed to Next level Entertainment, you'll mostly hear the two voices on a track and, even when an artist mentions one in a song, the other is sure to be mentioned too; what is there relationship?

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The court case instituted against Ecobank by the Economic and Financial Crimes Commission (EFCC) involving Major General Umaru Mohammed is best described as that of a recalcitrant debtor trying to avoid the debt he owes the bank. The bank is advised to pursue the case to its logical conclusion. This was the position of an ex-banker who pleaded anonymity. He said the indebtedness arose from a Mastercard Credit Card Major General Umaru Mohammed obtained from the Bank with an outstanding debt of over Nine Million Naira to the bank.


He stated that Major General Umaru Mohammed was indeed indebted to the Bank and only decided to retract paying his debt recently upon an upsurge in recovery activities on unpaid account. The ex-Banker queried why General Umaru did he not act since 2013 when he discovered the said alleged fraud on his account, the he stated.


The EFCC had Thursday March 7th, arraigned the Bank and its ex-staff, Aniekan Udoh for “negligently failing to exercise due diligence in relation to the conduct of financial transactions with Major General Mohammed.” The defendants pleaded not guilty.


The ex-banker who is privy to the transaction and have been following the case maintained that Ecobank is a financial institution in the business of taking deposits and lending money to the public and the issue at stake is purely a banker -customer relationship matter with no crime or intent to commit crime whatsoever. According to him, Major General Mohammed appears to be using the court process to evade his obligations to the bank. He said everybody privy to the history of the case is surprised that the debtor could resort to legal ambush method. He does not believe however that his tactic will be successful given the antecedent of the Bank in recovering all unpaid debts in a bid to safeguard depositors fund.


He further said that Ecobank Nigeria is one of the banks strictly guided by Central Bank of Nigeria (CBN) rules and Code of Conduct guiding financial institutions in its day to day operations, stressing that in dealing with customers, the bank believes in equity and fairness. “Ecobank is an ethical bank that carries out its business in compliance with global best practices. The court I am sure will do justice in this matter. People should not use their position to avoid paying their debt”.


At Tuesday’s hearing, the Lawyer representing Ecobank, Emuobonuvie Majemite of Punuka Attorneys & Solicitors, maintained that the Bank will pursue the case to its logical conclusion to ensure justice

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