₦airaland Forum

Mrschiago:
NL fam please we need your assistance here.

I work with a bank, and gave out bank loan to a customer.

The customer used the bank’s money which was supposed to be for his business to travel abroad.
Immediately after he got the loan, he closed down his business, and due to this japa, he has been unreachable, and has refused to pay back.

I have been placed on indefinite loan recovery suspension without pay, until Ithe customer is able to pay up the money.

I’ve tried to reach out to the embassy to no avail.


Please help

thisisit:
GO AND LIQUIDATE THE ASSET WHICH THE BORROWER GAVE YOUR BANK AS COLLATERAL OR SECURITY FOR THE LOAN....... USE THE PROCEED TO REPAY THE LOAN................... SIMPLE

Mrschiago:
There was no collateral, the only security used was insurance bond, and other banks cheque (which was presented and bounced back)

Mrschiago:
There was no collateral, the only security used was insurance bond, and other banks cheque (which was presented and bounced back)

Mrschiago:
There was no collateral, the only security used was insurance bond, and other banks cheque (which was presented and bounced back)

Mrschiago:
NL fam please we need your assistance here.

I work with a bank, and gave out bank loan to a customer.

The customer used the bank’s money which was supposed to be for his business to travel abroad.
Immediately after he got the loan, he closed down his business, and due to this japa, he has been unreachable, and has refused to pay back.

I have been placed on indefinite loan recovery suspension without pay, until Ithe customer is able to pay up the money.

I’ve tried to reach out to the embassy to no avail.


Please help

motymop:
Search his name on the Internet.

If you can trace his work place abroad..
Contact his employer with proof.

I promise you, he will pay back.

Educationalserv:
start a legal process with the bank cheque
Then send the petition to EFCC
Then find out where he Japa to
Send the petition there
A woman recovered her 45m
Form the Banker

lavylilly:
You completed loan appraisal

Loan passed through approval authority
Check if the customer left next-of-kin contacts

Check if he had any collateral, guarantors, or BVN-linked phones

Notify your bank’s credit recovery team to escalate to:

BVN watchlisting

Inter-bank blacklist

CBN Credit Risk Bureau flag

For cross-border issues, some banks work with international skip-trace services

Customer was verified with BVN, address, business doc

You attempted recovery via phone, SMS, and known contacts

Customer abandoned business and absconded

You even attempted to reach the embassy

This protects you from any claim of negligence.

A borrower who intentionally absconds has committed fraud.
But you have not.

This situation is recoverable, and there are structured ways to protect yourself so your career and finances don’t collapse because of one customer’s actions.

lavylilly:
How about written documents of his guarantor?

johnwick86:
I guess it is an MFB nah them sabi this kind of nonsense.
First your job as a sales person is to bring business to the bank , they did their verification, it went through CAM , the risk department vetted and approved it by declaring the customer credit worthy , management approved for disbursement then you have no case except you are part of the game .
Now placing you on a loan recovery mission let me ask what happened to the recovery department? What happened to insurance on the loan ? What happened to his / her guarantor?,
Institute a legal proceedings on the breach of your fundamental rights by withholding your salary .
I am speaking from experience during my time with an MFB , they are very complicent most especially all these unit micro finance bank

Mrschiago:
Ok… Thank you

lavylilly:
You completed loan appraisal

Loan passed through approval authority
Check if the customer left next-of-kin contacts

Check if he had any collateral, guarantors, or BVN-linked phones

Notify your bank’s credit recovery team to escalate to:

BVN watchlisting

Inter-bank blacklist

CBN Credit Risk Bureau flag

For cross-border issues, some banks work with international skip-trace services

Customer was verified with BVN, address, business doc

You attempted recovery via phone, SMS, and known contacts

Customer abandoned business and absconded

You even attempted to reach the embassy

This protects you from any claim of negligence.

A borrower who intentionally absconds has committed fraud.
But you have not.

This situation is recoverable, and there are structured ways to protect yourself so your career and finances don’t collapse because of one customer’s actions.

Mrschiago:
It is a commercial bank

Mrschiago:
It is a commercial bank

erniok2:
I 7understand your case. In Nigeria, the law favors the rich and connected.

One advised you to sue. Most lawyers are unwilling to offer pro bono services because of legal filing costs and you that has not been paid, how do you intend to fund such projects in industrial court.

Getting justice is difficult. Have you found out which country he migrated to? The actual location. That's a start.

The ones on recovery suspension with physical customers find it difficult talk more of a customer that relocated.

Worse still, you must report for duty everyday and the months you were not paid, those salaries are gone and you are not allowed to resign within this period.

What a very difficult situation to be in.

Mrschiago:
There was no collateral, the only security used was insurance bond, and other banks cheque (which was presented and bounced back)

AndroBlaze:
Like I said before it is because people allow them to get away with this rubbish that they do it.

To make it crystal clear, the customer that ran away has no business or legal liability with the account officer. If he was found today, the account officer cannot personally sue him on any grounds.

We need people to be brave enough to sue these banks for this rubbish they do, as it is not legal and not done anywhere in the sane world.

To make it clear the banks can take measures against there employees only if they feel the employee illegally gained from this situation or failed to do due diligence. They also need to prove this legally and not be suspending staff without pay.

Only in Nigeria will a Commercial bank with a public license be acting like a local moneylender.

AndroBlaze:
I just realised you are a woman and you have asked this question before and I had answered you then.

I seriously hope you have taken my suggestion of moving to the other bank seriously.

Just to encourage you a little bit more, the advice I gave you earlier was coming from personal experience as I worked in sales and had colleagues who went through the exact same thing you did.

One thing I noticed is the women struggled to manage their suspensions due to apprehension and worries while the men simply moved on with life usually in another bank.

They say no situation is permanent, which is quite true in banking (as they could call you back whenever they feel like), but we are all adults and have meaningful lives to live, no manager or institution has the right to be playing with your future and giving you high bp for simply doing your job.

johnwick86:
My brother commercial banks ? Report them to CBN , human rights , that is breach of trust like I said except you are part of the scheme. As a commercial bank they ought to know the regulations guiding against loans .
You are not obliged to do recovery because there's an arm in every money lending institution. Withholding your salary is criminal offence or maybe your employment letter states that you will be held liable for any loss to the bank that is why always consult a lawyer when you get employed

AndroBlaze:
I just realised you are a woman and you have asked this question before and I had answered you then.

I seriously hope you have taken my suggestion of moving to the other bank seriously.

Just to encourage you a little bit more, the advice I gave you earlier was coming from personal experience as I worked in sales and had colleagues who went through the exact same thing you did.

One thing I noticed is the women struggled to manage their suspensions due to apprehension and worries while the men simply moved on with life usually in another bank.

They say no situation is permanent, which is quite true in banking (as they could call you back whenever they feel like), but we are all adults and have meaningful lives to live, no manager or institution has the right to be playing with your future and giving you high bp for simply doing your job.

Mrschiago:
I wasn’t part of any scheme, I just did my job, and giving out loans to customers is part of my kpi, all due diligence was properly done

erniok2:
Do you have an idea the country and specific location he travelled to? Was it student visa he got? Didnt you have any idea of the travel?

Mrschiago:
Italy, not sure about the type of visa, I didn’t have any idea of the travel, I just found out not too long ago

erniok2:
This is so messy. Like someone advised, can you write and petition to the Italian embassy with evidence 9f his fraudulent act. That is if italy was to be his last bus stop.

erniok2:
This is so messy. Like someone advised, can you write and petition to the Italian embassy with evidence 9f his fraudulent act. That is if italy was to be his last bus stop.

Educationalserv:
irrespective is a Schengen visa he can be tracked by interpol and eupol
Write a petition to EFCC
Attached bounced check
Give them a lead
A criminal cases will be instituted
They contact Italian embassy