You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi - Politics (5) - Nairaland
Nairaland Forum › Nairaland General › Politics › You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi (11035 Views)
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| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by NinjaMetahuman: 11:32am On Sep 25 |
anonimi:🤦♂️🤦♂️ I borrowed 5000 from opay on 12% interest for 1 month. I decided not to spend the money and keep it in same opay account. Do you think I'm still going to be paying the same 5000 back to opay after 1 month? How old are you? And didn't that defeat the whole I saved money mantra if the money you claimed to save was borrowed? Like make una dey use this 🧠 na. Hian. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by ijayalolo: 11:34am On Sep 25 |
Mrexcell:You are right, he is 'technically' because he will not pay interest on the money I guess. Isn't it a form of madness to borrow money, leave it in your account without spending it and yet keep servicing the loan with heavy interests which sometimes are more than half of your total budget? How you take see that kain thing? Thank you for your attention to this matter |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by sterlingD(m): 11:35am On Sep 25 |
anonimi:You have said it |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by MrSly(m): 11:37am On Sep 25 |
Parachoko:Did he borrow the money in the first place? He did not borrow the money and he did not spend the money. The whole scenario is clear but the blind won't be able to see it. Emilokan is a form of blindness. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by ijayalolo: 11:38am On Sep 25 |
greatiyk4u:What of the interest, who go pay that one? Even our social studies in those days dey teach these things that year o, not to talk of our primary 4 simple and compound interest arithmetic. Thank you for your attention to this matter |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by VanuatuWycombe: 11:40am On Sep 25 |
bravehost4u:Na you and Obi run the government, for you to know it’s overdraft? Can you use overdraft to the tune of 123 millions of USDollars? E be like se you get škän. I guess you don’t know what what they use overdraft for. Overdraft is just a short-term means of finance. It, usually, doesn’t last than a month. You and your savior should keep hiding behind one finger o. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Tareq1105: 11:42am On Sep 25 |
omenka:Obi is very daft. Does he listen to himself at all? |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Tareq1105: 11:45am On Sep 25 |
EponObi:We told you that Obi is a daft. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Tareq1105: 11:48am On Sep 25 |
NinjaMetahuman:Obi presidency will be disastrous. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by VanuatuWycombe: 11:49am On Sep 25 |
wonlasewonimi:Ogbeni, gb’enu dake. Very illogical and irrelevant rêãsön!ng here. Who told you this is a case of overdraft? Does Anambra State bank with international lenders or FG that borrowed it money for ecological and health reasons? Does DMO record bank overdraft as debt? How does that borrowing amount to overdraft? Kpele o, £1,000 overdraft UK man. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by ijayalolo: 11:55am On Sep 25 |
greatiyk4u:Good analysis. 1. But established, you BORROWED money, right? that you didn't have chance to spend it is another story. So firstly you should stop telling people that you did not borrow money and they should go and verify. We just verified that you did. 2. When you sign to get a loan, terms and conditions will be clearly stated and which in cases of government borrowing and others is that the bank gives you their terms and interest rates PA which you will sign confirming you agreed to everything. Once that is done, it doesn't matter what the terms are as in what trenches the money will be released, you are already obligated to the total amount you signed for. Meaning, whether they release 50 now and 200 in 3 months and the balance in 6 months doesn't matter, you are paying interest on the 1k you signed for. 3. Okay, you were able to collect and spend 50 out of the 1k you requested for which you planned to spend, can you also please stop telling people to go and verify again that that you did not approach any institution for loan or you did not use loan for anything during your service? because you just confirmed that you spent 50 naira from the loan you signed for. Thank you for your attention to this matter |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Ihengwu: 11:58am On Sep 25 |
The people who draw down the money are the ones owing. If he sent the money back to the FG, he would be called a sabo. So he left and Willie can, saw the money and squandered it. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Rayjay45: 11:59am On Sep 25 |
EponObi:Which kin reasoning you expect from those toadies? Dem papa dey fly bullion vans enter compound on election day and they are cool with it. ![]() |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by gbadesky75: 11:59am On Sep 25 |
omenka:
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| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Salowise: 12:13pm On Sep 25 |
Parachoko:I have this friend that took 200m naira loan from the bank, he told me the loan wasn't counting because he hasn't touched it, also he'll only pay interest for the one he'll collect. I was surprised |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Iyobaba(m): 12:24pm On Sep 25 |
You left the message and attacked the messenger Did Obi became the chairman of a bank on merit or not ? Uchemus: |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by SmartyPants(m): 12:24pm On Sep 25*. Modified: 3:14pm On Sep 25 |
mycar:Lol. You have tried but ultimately still going round in circles because nonsense is very difficult to defend. You don't know whether your claim is that the debt was low interest or no interest. Which exactly? You don't even know whether you are arguing that he did not draw down the debt or that the debt was low/zero interest so it doesn't matter in the first instance. Furthermore, that low/zero cost loans can be invested in bonds. And so? Did Peter invest the one he took in bonds? He said he didn't use it at all. So come back when you know which angle of defense you want to adopt specifically so we can then engage on particular facts. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Iyobaba(m): 12:25pm On Sep 25 |
Lobatan 😂 😂 😂 😂 RichBoy247: |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by TokoEkambi: 12:31pm On Sep 25 |
This guy truly takes advice from madmen. On second thoughts, maybe he is the madman. Cos, what did I just read?! |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by ufotunang: 12:34pm On Sep 25 |
omenka:..the loan money he did not spend was left for the next government..obiano government.,.. so.obiano should explain what he did with the loan or whether he obiano refunded the loan back to the lender |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by KingOfAmebo(m): 12:39pm On Sep 25 |
yarimo:[quote author=gbadesky75 post=140740918][/quote]===== This one is still sharing fake PM news headline in an era of the Internet... ![]() Caveman... ![]() https://www.youtube.com/watch?v=b5gPwPO85PE |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Euromillion200: 12:42pm On Sep 25 |
omenka:Can you read between the lines? Approval of a loan is not debt until it's drawn.. I have a mortgage Approval ain't a debt yet until it's taken. Go and read more about accounting mate.I do not support anyone, but truth must be told at all times. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by bravehost4u(m): 12:43pm On Sep 25 |
VanuatuWycombe:You really tried hard to sound smart and I must commend you. However, what you defined is TOD (Temporary Overdraft). An Overdraft can last up to 12 months or more and may be revolving depending on the terms of the offer letter. Also know that Public Sector Financing does not following the regular business or personal lending schemes. I hope I have educated you to a reasonable extent? |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by NewHe: 12:45pm On Sep 25 |
Nothing fit tell me,this guy no get anything upstairs!What a daft! |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by triplechoice(m): 12:46pm On Sep 25 |
BATified2023:False equivalence. This wasn't a personal loan. It was a facility taken on behalf of the state government by the federal government, and according to Obi's account, he handed it over to the administration that took over from him. When you borrow #5 million personally, you remain the debtor no matter what. But a state is a continuing entity: the debt stays with the state and the custodianship of the money passes to the next administration Peter Obi is not denying the loan existed. He's saying he didn't utilize it, his successor did. So, the question isn't "does the debt exist"? . It exists. But who spent it and failed to account for it? If it is proven the reserve were left intact, and the next government drew them down, responsibility for the outcome rest with that government . And this logic applies to any governor, not Obi alone. So spare us "you're just defending your brother " line. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Rebuke: 12:48pm On Sep 25 |
I love how it is very easy for yhu low lots to be manuoulated, that is exactly why these politicians keep looting y'all dry. This is just an excerpt from a long interview, he also made it clear that he actually never did. He only said assuming he even did, what he left behind should even been enough to clear the debt! Yhu people did not also see the part where he said he was praised for being the only governor who never borrowed money, abi? I remove my cap for una level of mischiveousness o. Make Obi just dey give una fever everyday Yhu guys should just keep fooling yhurself around, those who have seen his transparency are now tripping, all thanks to Soludo and all the APC urchins ![]() |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by Smartjeezy01(m): 12:50pm On Sep 25 |
Obi also said that he didn't know who is funding NDC. |
| Re: You Can't Call A Borrowed Money Debt I Left When I Did Not Spend It - Peter Obi by ogolemati: 12:51pm On Sep 25 |
PigTormentor: ok you love them international fraud .you senior brother that is a mod is with a baning remote bye
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