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Nairaland Forum / Nairaland / General / Business / Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal (16230 Views)
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Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Abiodunspectre(m): 10:00pm On Aug 13, 2021 |
TVIO Solutions files N100m suit against Sterling Bank over ‘intellectual theft’ Sterling Bank, one of Nigeria's foremost banking institutions, are currently embroiled in an intellectual theft scandal having been accused of implementing an idea which they originally dismissed and declined. Source: https://www.thecable.ng/tvio-solutions-files-n100m-suit-against-sterling-bank 19 Likes 4 Shares
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Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by darocha1: 11:01pm On Aug 13, 2021 |
Usual case of big organisations in Nigeria. The painful part is how they suddenly begin to ignore your mail & calls 96 Likes 4 Shares |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by AlmaIganishire: 11:04pm On Aug 13, 2021 |
This is embarrassing on the part of Sterling bank. This is why it's difficult to share your ideas and thoughts with brands in Nigeria. They will steal it in broad daylight 79 Likes 3 Shares |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by AlmaIganishire: 11:08pm On Aug 13, 2021 |
TVIO should really take this court case very seriously and make sure Sterling bank pays that 100,000,000 for intellectual thef... 42 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Realboygenius(m): 3:15am On Aug 14, 2021 |
I don't understand why most corporate body involve themselves in this kind of scandal. Sterling bank should pay up the money. 41 Likes 2 Shares |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Ennyholar: 3:19am On Aug 14, 2021 |
Cases like this are very common in this part of the world. This should serve an example for other banks. 31 Likes 1 Share |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by PasswordChanger: 1:24pm On Aug 14, 2021 |
God oooo |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by dettolgel: 1:24pm On Aug 14, 2021 |
I am sure one Oga at the top went behind open his own company and now sold the TVIO proposal ( since he has all the info) to the bank. Given that the Oga at the top works at the bank, he will facilitate both the payment to his company and implementation by Sterling Bank. TVIO should also involve CBN to look into the practices of sterling Bank and dealings of the management. TVIO should contact EFCC as well to investigate all the directors and senior management of sterling Bank. 69 Likes 2 Shares |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 1:24pm On Aug 14, 2021 |
O su mi o 1 Like |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 1:25pm On Aug 14, 2021 |
dettolgel:as old as you are 10 Likes 1 Share |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 1:25pm On Aug 14, 2021 |
It is indeed an intellectual theft. Let's hope they would be able to defend themselves. 9 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by inoki247: 1:25pm On Aug 14, 2021 |
Just say u wan to take over dere bank... How much be sterling bank if we sell am sell dere staffs and their customers sef.... 6 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Studentdelta1: 1:26pm On Aug 14, 2021 |
Ennyholar:lol |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by punisha: 1:28pm On Aug 14, 2021 |
Sue their asses and make sure u don't agree to an out of court settlement...idiots. 8 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Sanchez01: 1:29pm On Aug 14, 2021 |
This seems to be a trend with corporate organisations. I understand that greed is often the factor but then liable companies need to pay up. It brings to mind a creative agency that claimed First Bank intellectually stole from them. IP theft needs to be taken seriously in Nigeria. 19 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Raxxye(m): 1:29pm On Aug 14, 2021 |
Sterling Bank shouldn't only pay the damages, but the officials incharge of the intellectual property theft should be sacked and jailed! What nonsense! 5 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Kelvin30286063(m): 1:30pm On Aug 14, 2021 |
Hmm. That's why as a computer programmer, I get worried sometimes when an employer or an investor ask for my business ideas. Our business is just to vulnerable to this kind of theft! 16 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by dettolgel: 1:30pm On Aug 14, 2021 |
Bodmum: Na your old age abi my own. Why you dey cry for me ni? 1 Like |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by musicwriter(m): 1:31pm On Aug 14, 2021 |
AlmaIganishire: My brother it's very worrying but not even Nigerian companies. In 2009 I sent an email to Google informing them what to do to improve some products, they implemented everything I told them without even replying my message. I now have an idea of a company and service that can bury google and WhatsApp but the problem is how to go about it. Sell the idea to someone and they'll run away with it. 25 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by saferoom: 1:33pm On Aug 14, 2021 |
I once submitted a Proposal to a state Government. And months later I saw them implementing my business idea. But unknown to them, I only gave them 10% of the idea. The essential details that will make the project work I didnt give them. I wasnt surprised when the entire venture was a colossal waste of funds and time. It was abandoned. Pls dont give them the essential trade secrets. 30 Likes 1 Share |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Magma101: 1:33pm On Aug 14, 2021 |
N100M is too small na 20 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Olabestonic001(m): 1:33pm On Aug 14, 2021 |
Hustler Fintech. |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by winterfell007(m): 1:33pm On Aug 14, 2021 |
I hope they win. These banks are all big time criminals 4 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Slurity(m): 1:34pm On Aug 14, 2021 |
Can you imagine nonsense. 100millions is just too small for this kind of theft. 10 billion should be minimum. 22 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by money121(m): 1:34pm On Aug 14, 2021 |
Ok |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 1:35pm On Aug 14, 2021 |
If they had a non-disclosure agreement and non-compete clause included, they would have had a chance to win in court. There was no binding agreement. And Nigerians hardly ever work with one before they sign huge contracts. So its a tough one to win, especially going against a bank. Sterling makes a chunk of money from tech businesses especially fintech. So their connections in the central bank stretch far and wide. And one phone call can destroy any fintech company (eg. revoking your license for no reason after awhile), especially if they are not backed by a head honcho. I pray TVIO wins though 17 Likes |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by ignis: 1:35pm On Aug 14, 2021 |
Just #100M? |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 1:36pm On Aug 14, 2021 |
alright |
Re: Sterling Bank In TVIO Solutions 'Intellectual Theft' Scandal by Nobody: 1:38pm On Aug 14, 2021 |
Why is everyone out to eat everyone in Naija? Makes living here stressful 7 Likes 1 Share |
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