₦airaland Forum

Factfinder1:
Alexreport...stale booger
..you for just go dey be physical hypman e for pay pass... I didn't see a picture of you in the wedding as usual ... How comes

Abuja to Enugu far. That him Honda Civic dey with mechanic.

[s]

Starz825:
Lawyers can not do anything than to go to court and keep fighting and ranting on the same due amount owed, lawyers can fight for you for 10yrs but u still end up paying the same amount because you are owing but when you meet with a financial management consultant, who has the comprehensive understanding of banks and Amcon..who also understand the banking and other financial institution Act (BOFIA) this is a constitutional act guilding all deposit money banks in Nigeria as regarding financial transaction in Nigeria..then... Success is URS....
Firstly the lady and her husband need to understand that they aren't owing Amcon but a particular deposit money bank...Amcon only buys debts from most deposit money banks just like u have said...then they take over the collateral and liability involve....
Now let me inform u that, a bank doesn't have the constitutional right to sell a customer's collateral whether properties or equipment... because when the customer wanted to get the facility they only place their property as collateral not as to be sold by the bank besides no agreement was signed between both parties abnitio ... Now, my question is was the customer informed before her debt was sold to Amcon... because there should be proper notification of that.... even if she was informed ....she doesn't have any business to do with AMCON but her borrower which is the bank who gave her the loan turned debt...
Now A financial consultant who deal directly with the bank who borrowed her money to carry out wat will call reconciliation of bank statement to firstly Know actual amount she is owing the bank before her debt was sold to AMCON... because most banks are thieves..the money they allegedly sold to AMCON might possibly not be the actual amount she is owing...banks must have charged her excessively before selling her debt to AMCON...
So these are the job and duty of a financial management consultant and a chartered banker. which a lawyer will never do because they don't have the capacity to perform in this area.. thank you

[/s]

You are a very ignorant fellow. Read what you typed below.

"a bank doesn't have the constitutional right to sell a customer's collateral whether properties or equipment...

because when the customer wanted to get the facility they only place their property as collateral not as to be sold by the bank besides no agreement was signed between both parties abnitio"

It is obvious that you don't know how mortgages work. Now, let me educate you so that you'll stop typing bunkum about.

When you use your property as security for a loan it is referred to as mortgage.

When you obtain a mortgage, you also sign off your legal rights to the property. At that point, the only right you have to that property is the right to redemption or reversionary rights. You activate this by paying the loan and getting legal rights to your property back.

Now, when you fail to pay, the lender approaches the court for foreclosure order. This empowers them to sell sell the mortgaged property and recover the loan sum.

To educate you further, in some cases when executing loan documents, you also execute Deeds of Assignment and Form 1C assigning the mortgaged property to the lender.

I am not disputing the position of financial advisers in negotiating loan terms and audit of actual figures. But for you to say the quoted post in italics shows you lack fundamental knowledge of the entire process.

@Peteodollax

I can see that you're so pained that you replied me twice.

This time, we summoned the Immigration boss of Ghana to Nigeria. Next time, we'll summon your President to come here and explain himself.

You may think it's a joke, but we've done it to Mattheou Kerekou of Benin, you are not an exception.

PetroDollax:
nonsense talk. very senseless talk. how can Ghana beg for mercy when there are more than two million nigerians in Ghana, compared to just 500,000 Ghanaians in nigeria? did you attend the meeting yourself? it could be that the Ghanaian delegation came to discuss plans to deport nigerians in Ghana, most of whom are criminals anyway. Fuckeduppedness

[s][/s]nonsense

Lol
This one is pained.

Go to Accra and ask your Immigration chief why he ran to Abuja like an obedient schoolboy instead of summoning Nigeria's immigration officials to Accra.

Nigeria can absorb 10M Nigerians in Ghana cos they have money to spend. They aren't there to beg. On the other hand, a lot of Ghanaians in Nigeria don't have much economic power. They are of no economic benefit to Nigeria.

That is the economic angle to immigration which a lot of Ghanaians are ignorant of. Your Government knows this and that's why they don't want the Ghanaians in Nigeria back to Ghana.

This is what you get when you buy land without doing due diligence. Developers obtain facilities to finance projects but when it's time to pay, they use the money for repayment to hire lawyers.

You see fancy marketing literature from sweet talking salemen and fine girls marketing property to you, you refuse to verify before putting money.

Read these links for background story.

https://www.nairaland.com/4165899/lanre-olaoluwa-amcons-rm-uses

https://www.thecable.ng/amcon-vindicated-lagos-state-ministry-justice-slams-fraud-charges-grant-properties-olajide-awosedo/amp

https://www.nairaland.com/4841008/amcon-auction-land-sale-lekki

This same scenario is going to repeat itself in the Ibeju-Lekki axis. Some property companies obtained loans from banks to buy properties being sold to members of the public. After being sold out, they move on to the next project without repaying the loans.

There is a particular real estate company that is in the habit of incorporating a new legal entity each time it has new estates for sale. It is building legal shelters for itself cos it knows the future implications of its activities.

From that 2nd Toll Gate down to Epe, get a lawyer to verify your land before you pay. I'm telling you based on experience.

JasonScoolari:
See the way their yansh strong like cement when rain beat.

Cowardice is hiding under anonymity to throw shades. Say it to her face na.

After winning the war, sharing the spoils of war is war in itself.

She's already making the poor boy sag.

I hope she's not already giving him crack too.

Atiku rested his appeal on inadmissible evidence. I knew right from time that he would have serious problems tendering this hacking and leak story.
How do you tender?
Through who?
Oya, present your witness for cross-examination na.

There is a reason Buhari refused to sign the amended Electoral Act that stated that only the results transmitted by card readers are admissible.

Assuming Buhari signed that, he would have lost the election cos Atiku planned to manipulate INEC's servers and put the figures he's displaying about as the actual figures.

Physical collation and transmission finished his plans.

Gtb has the money but I'm suspecting they won't pay the money for 2 reasons.

1. The actual judgement debt is against the Nigerian Customs Service account with GTB. Now, if GTB pays it to Innoson, they would lose the NCS as a client. Mind you, the NCS generates hundreds of billions through the bank for the FG, it's a mega super client. Most likely their biggest client.

2. There are other matters with Innoson pending appeal. If they pay this one and Innoson loses that other case, Gtbank don fall mugu be that.

I guess No. 2 is the reason why Innoson has been stampeding Gtb to pay before that second matter is determined.

As for the shares, only an ignorant person would think Innoson is going to get shares in Gtb. Gtb is Nigeria's most profitable company. If they do a private placement today, I know of 3 people who can conveniently raise 12B to snap it all up.

Both parties are not giving the full facts, you have to distill it.

Ironi:
Ghana authorities scramble....Ghana came calling on Nigeria ...this raises Nigerian’s status .

Just look at the arrogance of it..

I don’t know how Nigerians generally reason, you think a sovereign nation should allow citizens of another country to enter their country and be commiting crimes like printing money, cyber crimes , blocking streets and fighting authorities ??

Actually it would be in Ghana’s interest to throw out all this Nigerian miscreants and let Nigerians do the same. Ghana should never wait and let this lawless Nigerians come and destroy their country.

Cry all you want but your Ghanaian officials were summoned to Nigeria and they came begging for mercy. They were warned and they apologised.

If you have any issues with that, you can address it with them in Accra.

The question is this: the things Nigerians do in Ghana, would we allow Ghanaians do same in Nigeria?

This is how those in SA started before the authorities started profiling Nigerians as criminals.

It's a normal exercise for outgoing Governors to shed weight.

midolian:
Lazy hungry useless bloggers...

The award was meant for Abdulrazak Abdulrahman's father. Abdulrazak collected the award on behalf of his father.

Saraki was there as the Senate President (outgoing) and he had no choice. Stop praising Saraki unnecessarily. If Saraki had his way, he won't even come close to the event

Don't bother yourself.

They can only write long senseless posts on Nairaland, all of them combined couldn't offer a single vote to save Saraki from heavy shellacking by the Otoge movement.

Posts do not translate to votes. Politicians need votes not support. The people you're referring to can only offer support, not votes. There is a difference.

Atiku learnt the above paragraph the hard way and that is why he has been crying like an Oro masquerade.

Give your attention to voters, not noisy supporters without an iota of electoral value.

Wisfem:
He saraki has remained undisputable role model to the wise, and reasonable hearts. No matter the amount of cheap media blackmail here from all of you. He remain a responsible figure worthy of emulation, Is that concocted absurd called call election results in kwara that you people are celebrating.

Lol
You are ignorant of Kwara politics.
Saraki infected Pdp in Kwara with his ill luck and that's why Pdp was destroyed in Kwara.

He was beaten all round Kwara like a community goat. You don't vote and couldn't help him.

JasonScoolari:
His smile is so contagious... A handsome young man, A pacesetter, A caring father and husband, A two time Governor, a distinguished Senator, A doctor and above all, the undisputed master of the game.

Maximum respect to Dr. Abubakar Bukky Saraki.

Befitting epitaph for the sudden death of Saraki's political career.

Your country's army bought equipment to fight terrorists killing fellow citizens, yet you're unhappy just because of politics.

There is a difference between opposition politics and encompassing stupidity.

[s]

Xander85:
Quit accusing others of what you're guilty of yourself!

Been reading the responses and noticed how you guys are codedly (so you avoid being directly accused of bigotry) running down others and implying that you lot are the golden standard of frugality, modesty and good moral conduct...that you don't 'brag like others'!

You in particular are now trying to spread negativity about COSCHARIS, and i ask...to what end? Is it to try and dent his image and business like you've tried doing with INNOSON? If COSCHARIS was caught engaging in illegality, was he sued or fined as a result?

[/s]

Use your brain, not your heart.

You have never patronised Innoson or Coscharis in your life. You are of no economic value to them and you should keep quiet and learn when others talk.

Coscharis at at today has a pending case in court for selling a substandard vehicle to a Senior Advocate of Nigeria. He has been doing it but has now done it to a wrong person.

This same Coscharis was involved in money laundering for Stella Oduah during GEJ's regime.

Not everyone sees issues through the jaundiced eyes of tribalism like you.

If you don't trust your lawyer, why briefing him?

Go to the registry yourself and find out the processes to do it yourself.

Atiku was sabotaged on a lot of fronts. This is because Atiku has money but people don't love him.

Money can not buy love.

chloride6:
This guy thinks he is smart..

You think you can forge Bill for Collection document and get away with it..

You don't know Agbaje..

Innoson still has N7 Billion pending case with GTB..

If GTB dont pay that money next week they will never pay...

Innoson is broke and needs cash..

In the end, Innoson will be liquidated. It's just a matter of time.

GTB will wait it out until Innoson is liquidated...

And then pay cents on the dollar to his liquidators...

You understand corporate strategy

Lmao
Innoson wants to get shares through the back door.

Innoson should chill. He wants money, he would get what he's looking for. Shebi GTB said the money belongs to the Nigerian Customs Service? No wahala.

Innoson, GTB and Customs go dey all right las las.

I don't care what you say, Kanu reduced PDP's SE votes in the Presidential elections. Very selfish fellow who thinks only about himself and how to cut side deals.

Mention a single thing Kanu has said or done in memory of those who died in Ipob protests.

He ran away and his family members were lying that he was dead only for him to ressurect in Isreal and start crying about his dead dog. Not a word about those who died for his folly.

If he comes back, na SE Pdp go teach am sense.

nwanyionitsha:
Is it brand new rolls royce or second hand you are talking about ?

Did Davido order and ship second hand vehicles?

If I get a contact to deliver 50 Rolls Royces, I can buy and deliver them to the client without stepping out of my house or going near Coscharis.

Coscharis has a franchise, not a monopoly. Understand the difference.

nwanyionitsha:
See noisemakers.
Abeg, i dare you to import roll royce to Nigeria. [s]You don't know there is only a sole importer of rolls royce in Nigeria[/s] and you don't know the franchise is owned by coscharis a silent billionaire that can buy some people, their villages, their generations and change their brownroofs? .
[s]Let him go straight to America and buy it na and you will tell me who will sell it to him. [/s]
[s]You don't seem to know there are people in Nigeria that you can't import goods into this nation without?
I laugh at your ignorance[/s].

Bro, don't be ignorant.

Coscharis has a franchise, not a monopoly. What it means is this: Coscharis is a recognised representative of the company in Nigeria. Doesn't mean he's the sole importer. I can sit in my house and use my phone to order a Rolls from England and it would be delivered to my garage in Ikoyi.

Didn't Davido import a Bentley the other day? Wasn't it reported that he ordered a Rolls Cullinan to be shipped here?
Did he buy it from Coscharis?

You and the person you quoted should quit tribal rants and face facts.

dumo1:
what happened to those expensive vehicles?

All Lexus SUVs
They had been used before and were sold by Coscharis as brand new.

This is not the first, second or third time news of this is coming from Coscharis.

An example is here
https://www.vanguardngr.com/2019/03/coscharis-motors-sued-over-defective-jaguar-car/amp/

My first mobile line was a Trium 17 years ago. Using an Econet line.

Sim card was about 70k then when it was bought.

That was the time Mtn went to the National Assembly for a presentation and they distributed free phones. Our National Assembly members were fighting for the phones and the tearing each other's agbadas.

zoedew:
Am in the hope that he won’t have reasons to sue Coscharis like a Senior Advocate did recently about a supposedly brand new Jaguar Saloon sold to him.
By the way, one is in the hope that Fowler has sent Bolu an updated tax assessment if ever he once received and responded to one!

A certain bank bought brand new vehicles from Coscharis for its EDs, it was a shame what those vehicles turned out to be.

seguno2:
Aare of owuland, maybe but not Aare Ona Kakanfo which is for the old Oyo empire that is roughly equal to the entire Yoruba today.
Please correct yourself.

His title is Aare Ona Kakanfo. The OP is correct.

Nairaland is gone, na carcass remain. If you doubt me, take a look at the front page and look at the quality of topics there.

Some mods are promoting stories from mediocre blogs owned by them and their friends. These worthless stories disinterest readers and discourages user engagement.

That is the reason Nairaland has been falling in Alexa rankings for the past 3 or more years.

Kfed4ril:
Bro so many banks will grant him loan facilities, but when doing the will be careful not to overcharge him to avoid a scenario like this.

Mention a single bank that has granted Innoson facility apart from GTB.

Innoson whose loan application was denied by Zenith before GTB decided to grant him a facility.

Ikpongiton:
its a lie,other banks are begging and asslicking .innoson is to nigeria what mercedez is to germany and fiat to italy

Mention a single bank apart from GTB that has granted a facility to Innoson.

Mention 1, just one.

Are you aware that Innoson applied to other banks and was turned down before GTB granted him this one?