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Politics / Re: See Transcorp Hilton Food Invoice For Ms. Arunmah Oteh by koolkodes: 9:20am On Mar 21, 2012
My thoughts on this.
(1) It’s obvious the house has not been transparent in the probe,
(2) Where did the initial false sum of (N 825,000) come from?
(3) its clear the N84,500 bill wasn’t for one person, not if madam was washing her hands with 7up, star and scratching her back with fresh crayfish and lobster
(4) I would love to know the kind of people she hosted, but for her office it is not out of place to host such investor that would help our failing economy at hilton and the price would not be out of place if this were so.
(5) There is a bright argument about using tax payers money for this purpose, but would strategic investor decisions be made over a plate of jollof rice at TFC, KFC or sweet sensation or going by the perceived judgment here over a plate of amala and gbegiri at iya ope food canteen? Let’s be fair and objective about this.
(6) The market crashed way before this woman assumed office and I honestly doubt that it was her N84,500 food at Hilton that crashed the Nigeria capital market in 2010.
This is a sensitive matter that requires our good judgment. I’d expect the house to throw up more critical matters or issues in the probe. Not a fight over how much was spent over food.
Business / Re: Access Bank's Poor Customer Service: Bad Management? by koolkodes: 1:33pm On Mar 14, 2012
merengue: Truth of the matter is Access Bank never had the wherewithal to absorb a bigger bank like Intercontinental. If as you Access Bank sympathizers say its due to initial integration problems, how come the Ecobank/Oceanic merger is going smoothly or are they not Nigerian banks? Lets face facts, there's more to that merger that meets the eye. There is no argument (Logical, economic or otherwise) that supports such. As for me, I have closed all my accounts in that bank completely, don't be surprised if in a few years' time, it goes the way of Societe Generale or Savannah.

I don't have to be a sympathizer to disagree with your logical questioning of the merger. what makes access a lesser bank to acquire intercontinental or ecobank to take over oceanic bank? is it the deception of financial stability as judged by structure or the false image of financial stability both affected institutions painted to the public. one thing i know is that most banks run different banking apps for their transaction and a migration of platform will sure bring along with issues.Show me a merger without issues?

i bank with ecobank and if i assume transaction to be as smooth as it used to be with the m&a then im being a selfish, deceitful liar.

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