₦airaland Forum

Otudeko is one of the "challenges" First Bank has but of course their hands are tied and they can do nothing.

Spidermon:
Without collateral for a young upstarting agro allied professional?
Repayeable within what time frame?
How much interest is payable?

Oga sir dont say what you dont know also

There's difference between grant and loan.

Loans are collateralized, no matter how little the collateral is

davodyguy:
This is serious.

I'm an insider and don't know which side to belong to.

I valued that Tank farm in June, 2016 and I'm not really sure who owns it

What is the forced sale value?

ephi123:
Otudeko is one of the "challenges" First Bank has but of course their hands are tied and they can do nothing.

Throw more light. Please.

misterchris:
Throw more light. Please.

Sorry, I can't reveal details but those who work in certain depts in FB know the things this man has done / is doing. Very rotten system. For me, I have learnt there are very few successful people with integrity in Nigeria.

misterchris:
What is the forced sale value?

lol. You be banker or valuer?

ok

We all see how it will all play out in the end....

davodyguy:
Loans are collateralized,

Only in Nigeria.

amarilo:
Only in Nigeria.

Only in Nigeria what happen?

maleeks:
someone somewhere is practically unclean in his or. her dealings, the arisekola I. knew was far too rich to owe first bank, as a matter of fact he owned first bank, cuz he was as at then the largest shareholder of over 60 percent, in the mean time, I still find it difficult to believe, I do. not want to say they are trying to take an advantage simply because he was not educated and of course late

you don't know what you are talking about. Arisekola owned first bank or got 60% shares? Don't be a religious bigot, where were you when CBN &AMCON released names of loan defaulters? he owed #5b