Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi - Politics (4) - Nairaland
Nairaland Forum › Nairaland General › Politics › Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi (33404 Views)
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| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by yemmit90: 9:33am On Jun 04, 2024 |
DeLaRue:He is totally right on this, read again, Obi didn't say CBN should not revoke heritage bank licence, he was only telling the CBN and federal government to ensure all customers of the bank are paid immediately withiout delay. See, whenever cbn revoke a bank licence, it transfer thr control to NDIC, and you know how they normally do. Some people at the top will just sit on their money and delay payment for years. Some won't even see their money forever. We have seen such cases many times before. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by imbless: 9:33am On Jun 04, 2024 |
To you daft fellas bashing PO, if u have money in heritage bank, then body go tell u, imagine a person wey get up to 50m for account will only get 5m, because it's only 5m out of him 50m is truly insured with NDIC. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by jogojogo: 9:33am On Jun 04, 2024 |
Believeintruth:Where exactly did you get this from? |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:34am On Jun 04, 2024 |
assholemods:Try and read the write up with your senses intact and not suspended. He didn't condemn the liquidation of Heritage Bank, but he said depositors must be paid in full, because if they are not it can destabilise the economy since some of them are SMEs |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:35am On Jun 04, 2024 |
Timmi:Are you sure you are normal? If he didn't talk the same you guys will say rubbish. Guy get a meaningful job and stop trolling PO |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Everlastingson: 9:36am On Jun 04, 2024 |
Believeintruth:Don't educate him coz he's already biased simply coz the statement is from Peter Obi that he hates. If he's the one that his savings or the money he uses to run business is stock in the bank you hear him swearing and cursing. This very fellow will curse bank workers for a mild case of just an ATM failing to pay him on time. Now he's claiming ignorance of what Peter Obi the wiseman has pointed out. We all know that this money will likely not be paid this year. There will be man -made delays, bribery, padi padi, nepotism, etc. Businesses will further be closed coz capital is locked up, especially those with current accounts. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:36am On Jun 04, 2024 |
Jayhome24:You don't have sense walahi. Your own is just to write trash. He supported the liquidation, but he is saying that depositors be paid in full without delays, because any action contrary will destabilise the economy. Is it too hard for your sense to comprehend? |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:38am On Jun 04, 2024 |
hmohammed:How was it needless or you just detest him that is why. If you had an account with Heritage will be displaying this kind of foolishness here? Oga try and have sense |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:40am On Jun 04, 2024 |
coolest01:Did they tell you that customers could not access their funds before CBN license revocation? Also read and understand before commenting. He didn't condemn the revocation by CBN, he is saying that customers must be paid in full by NDIC, anything other than that will lead to sending wrong signals to the economy concerning safety of depositors funds. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Greenfusion: 9:40am On Jun 04, 2024 |
Hyperchi:Them nor get brain, just empty skull...... everything nor be politics. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by MaziObinnaokija: 9:40am On Jun 04, 2024 |
Face front. Allow OBI to continue his 🤡 🤡🤡🤡🤡DeLaRue: leave our ONLINE PRESIDENT alone ![]() |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:42am On Jun 04, 2024 |
Tunjikam:Oga you don't have sense at all PO is saying that NDIC must pay all depositors in full, that way you are sending a right signal that customers money is protected any other than that can destabilise the financial industry. Try and use your sense to read well. How didnyou write use of English in JAMB if you cannot understand simple comprehension. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by soullove1881(m): 9:42am On Jun 04, 2024 |
Chai, what is this man saying?😊 H.E Obi, not everything deserves a comment from you. This is demeaning your intellectual capacity. The Heritage Board is to be blamed. Even Kuda and the likes have a stronger market structure than Heritage. The CBN had no other option but to act in this scenario, and that's exactly what they did. Or did you expect them to fold their hands and watch the Heritage Board empty every last Kobo? |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Whynotthetruth(m): 9:42am On Jun 04, 2024 |
Gboom:You that is not dull can't even make a correct sentence... Aren't you ashamed of yourself? |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Zivaharry(m): 9:43am On Jun 04, 2024 |
People like you are not meant to be in same category with humans...are you stupid,?...like you drive joy seeing others in pain and misery.... Silly thing. DeLaRue: |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:44am On Jun 04, 2024 |
Appletek:Try and have sense. PO is advocating that in this harsh economy like this NDIC/CBN should try and ensure full payment to depositors to cushion the impact of the revocation on the economy anythingnother than that sends a wrong signal that destabilises the economy. Try and be smart naaa. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:46am On Jun 04, 2024 |
davit:So him advocating that they suspend the policy temporarily to ensure that customers are paid in full to cushion its impact on a harsh economy is political clout abi? If your money was stuck in Heritage bank will you say this? Oga fear God stop being selfish and wicked. Your hatred from PO doesn't make you think sensibly. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by MaziObinnaokija: 9:46am On Jun 04, 2024 |
that's past tense.OBI of AGULU is now a BORN AGAIN CHRISTIAN .Allow him to deceive his ILLITERATE, ILL-MANNERED IPOBIDIENTSPIGSJagabanB: |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Believeintruth: 9:46am On Jun 04, 2024 |
yoruboid:You don't have sense |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by 9jatriot(m): 9:46am On Jun 04, 2024 |
This point exactly is why many knowledgeable people consider him dull. NDIC insurance was even at a point just 500k. That means that is the maximum amount your money in the bank is insured. When banking with a bank, these are the things you are expected to know, so if a so called former bank chairman does not know how things like this work, then it becomes worrisome. If on the other hand he knows but just wants to play politics with it, then he is a dangerous man. yemmit90: |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by anonimi: 9:47am On Jun 04, 2024 |
Lizzysamuel:Did gbajuẹ Peter Obi care about his countrymen when he jumped into the communist camp of LP labourers from capitalist PDP, in his misguided and miscalculated desperate attempt to get into Aso Rock, which made it easier for ThiefNuibu to continue APC shege of Buhari in his own Emilokan turn? Who is the desperado fooling apart from himself and his dogmatic ObiDense followers ![]() Someone who should be ashamed of his role in helping ThiefNuibu inflict damage on us and be doing a forgive-me tour of our country. jameshankss: |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by hammer567: 9:49am On Jun 04, 2024 |
UNA STILL LEAVE THIIEFNUBU AND HIS BROTHERS THERE? LOOTING GALLORE! |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Reptyle(m): 9:49am On Jun 04, 2024 |
[quote author=Lizzysamuel post=130294997][/quote]What has he said now that the CBN is not already doing The man just likes the sound of his own voice. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Gboom: 9:50am On Jun 04, 2024 |
Whynotthetruth:Point out my error local English teacher |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Whynotthetruth(m): 9:52am On Jun 04, 2024 |
Mercylike:You're among the useless and illiterate Nigerians who claim to know...a foooool IF NDIC pays just as percentage of depositor's fund, what do you think will happen? Do you know what's called multiplier effect since you claim to be an economist though without sense? Maybe something like economies of scale... If NDIC doesn't pay in full here like Obi advised, we will have an army of aggrieved depositors aside the inconvenience of not getting their funds at this trying moment; it will have a concomitant effect on other banking institutions as depositors will become weary knowing that in case of eventuality, his funds aren't guaranteed safe anymore despite all the noise of insurance cover by NDIC |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by hmohammed(m): 9:54am On Jun 04, 2024 |
Believeintruth:Dont even know where to start responding to you. Normally the process for a distressed bank or a bank enveloped in fraud like situation is for NDIC to take over and begin liquidation process. The liquidation process entails settling customers, investors and creditors and any other relevant stakeholder. The news already reported the take over by NDIC, why did Obi raise another alarm as if due process was not followed. The implication of that unnecessary noise is that customers of other banks may feel that other banks have similar issues and when the financial institution is exposed to such confidence risk, it has very devastating impact on the economy. Obi was using reverse psychology to paint a dangerous narrative which is very unpatriotic and selfish of him. |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by anonimi: 9:54am On Jun 04, 2024 |
9jatriot:Of course, gbajuẹ Peter Obi knows and is playing notice me politics to balablu his fans into confusion. That’s the hypocrisy of the gbajuẹ master. He is even more dangerous than Fayemi who at least confessed years later that they played politics with our destiny in 2012 for subsidy protest. bennybuhari: |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Whynotthetruth(m): 9:55am On Jun 04, 2024 |
soullove1881:You're among the stupid animals that populate this country... Go back and read body of the news NOT just headline and come back to your comment...stupid foooool |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Militant1: 9:55am On Jun 04, 2024 |
Heritage has been on government lifeline for years.... |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Timothy89(m): 9:57am On Jun 04, 2024 |
helinues:Maybe Peter obi have high shares with the bank, a smart thief can't be trusted |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by bigpicture001: 9:57am On Jun 04, 2024 |
DeLaRue:... U arw a very very big fool ..everything to u is politics .I have 870,400 in that bank, the NDIC through their policy only insures every bank customer nomata the amount u hv in it to the tune of 100k So he knows what he is saying...not like u who is irrelevant or still being fed by ur mum |
| Re: Heritage Bank: CBN Should Not Destabilize The Country's Financial System —Obi by Joelzong: 9:57am On Jun 04, 2024 |
Lizzysamuel:truth is always strong no matter how weak it may be presented but lies are always weak, no matter how strong they may appear. Tinubu is running a government of propaganda and lies, that is what his dump followers are learning from. their eyes were blind from ethnic and religious sentiments, i can tell u they are in shame but cannot come out of they shame to say it but rather cry in private and and display hypocrisy in public. dont mind them |
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leave our ONLINE PRESIDENT alone 
.Allow him to deceive his ILLITERATE, ILL-MANNERED IPOBIDIENTSPIGS