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Branch Manager Sues Ecobank For N1.5 Billion - Business (3) - Nairaland

Nairaland ForumNairaland GeneralBusinessBranch Manager Sues Ecobank For N1.5 Billion (26668 Views)

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Re: Branch Manager Sues Ecobank For N1.5 Billion by Truckpusher(m): 8:26pm On Feb 21, 2015
hardbody:
I do not have a view of their loan portfolio sir. One thing i am certain is that the yardsticks for provisioning and write offs must be followed religiously. If you dont, the auditors will do it for you. Where the auditors dont, CBN will do it. So if the politicians are owing them, they must be a way of managing those credits. One thing i give to bankers though, they are 'criminally ingenious'. I have been there.
I see, you're an insider so you should have more insight about what goes on in there.
Re: Branch Manager Sues Ecobank For N1.5 Billion by hardbody: 8:32pm On Feb 21, 2015
Truckpusher:
I see, you're an insider so you should have more insight about what goes on in there.
Sure bro...
Re: Branch Manager Sues Ecobank For N1.5 Billion by stanisbaratheon: 9:48pm On Feb 21, 2015
1.5 billion Naira?? haaaaaa! Surely he wants to establish his own bank.
Re: Branch Manager Sues Ecobank For N1.5 Billion by Tinyemeka(m): 10:24pm On Feb 21, 2015
Jesus! I personally knew this man when he headed their 9th Mile Branch. Suddenly stopped seeing him. Didn't know he'd transferred to Benin.

Always knew him as an unassuming fellow (had never seen him in a suit all the period I'd known him despite him being a BM).
Re: Branch Manager Sues Ecobank For N1.5 Billion by uboma(m): 10:40pm On Feb 21, 2015
Truckpusher:
Eliminating this guy will only compound their woes unless they'll have to do it quick,clean and precise leaving nothing to chance.
Even if they can and actually do it, the case is already in court and must proceed. The victim's relations will see to the end of it.
Re: Branch Manager Sues Ecobank For N1.5 Billion by zinny2049: 12:36am On Feb 22, 2015
phrancys001:
10% tins !
where is the statement of claim and affidavit of the deponent that is Mr. Victor Amushie this is a non contentious matter
Re: Branch Manager Sues Ecobank For N1.5 Billion by otokx(m): 5:41am On Feb 22, 2015
ECOBANK Nigeria always in the news for the wrong reasons.
Re: Branch Manager Sues Ecobank For N1.5 Billion by Slowvenom(m): 8:52am On Feb 22, 2015
lordsharks:
GET SURE JAMB 2015 CBT ANSWERS HERE.
100% GUARANTEED...
Guy, you're a big time ass scam o. Go get an honest life joorh.
Re: Branch Manager Sues Ecobank For N1.5 Billion by Jumkye: 9:32am On Feb 22, 2015
All these banks sef, God help us[color=#000099][/color] tongue
Re: Branch Manager Sues Ecobank For N1.5 Billion by ifeanyi83(m): 9:54am On Feb 22, 2015
This will be one hell of an interesting case. But I thought banks have a legal department whose job is to advice appropriately before taking any action(s).
Re: Branch Manager Sues Ecobank For N1.5 Billion by tk4rd: 10:44am On Feb 22, 2015
"He was consequently detained by EFCC for a period of 19 days before being released by EFCC when they had interviewed the customers the loans were actually granted to"........ That was the part that got my attention.
Re: Branch Manager Sues Ecobank For N1.5 Billion by Abyzan(m): 3:50pm On Feb 22, 2015
if he wins, he'll open his own bank
Re: Branch Manager Sues Ecobank For N1.5 Billion by 100Cents: 10:18pm On Feb 22, 2015
Useless bank that connived with Sanusi to swallow OCEANIC bank..

Let them pay or...

Idonbilivit..
Re: Branch Manager Sues Ecobank For N1.5 Billion by sentix(op): 6:38am On Feb 24, 2015
The suit in Benin has already been heard and adjourned to the 9th of March, 2015.
Re: Branch Manager Sues Ecobank For N1.5 Billion by Adesiji77:
Re: Branch Manager Sues Ecobank For N1.5 Billion by ruffhandu: 5:59pm On Feb 26, 2015
Adesiji77:
New source
http://www.thisdaylive.com/articles/ex-manager-sues-bank-efcc-police-ig-over-n81m-alleged-fraud/202788/

cc: sentix, Ishilove, uboma, Tinyemeka, Ruffhandu
My brother, the Bank is not good to be pitied, they show no mercy sometimes. Can you imagine in one of the banks, someone is currently serving a suspension without pay for "reporting fraud late". It beats me.
Re: Branch Manager Sues Ecobank For N1.5 Billion by SKYQUEST(m): 11:23pm On Feb 26, 2015
Did the investigation Department of this bank conducted an INVESTIGATION of the case or simply passed a JUSTIFICATION report to the Management of the bank precipitating in a wrong move on the guy. I asked because I once worked in this bank. I was sacked because I faulted a report made by this Department where a staff was going to be sacked for the wrong reason. Interestingly myself and the guy were both sacked. That Investigation Department is the problem of this bank. I believe the wrong move was made on the BM because the Management of the bank was mislead by this department.
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