₦airaland Forum

@TOH

what? Ballet ? or ice hockey ?

@Busta

Everything sweetheart, they call me the handyman.

@TOH

LMAOF!! You ladies are verry funny, are y'all together drinking ?? A wide reciever is someone who catches the ball from a quarterback. Still wanna go?

@Toyin

LMAOF !!!!!!!!!!!!!!!! Toyin, you are off the rack Are you serious?? No other sports beat American football. Eventhough it's a dangerous sport but I love the game with all of my heart !!! _{I love soccer too though but not as much.} . Besides, $500.00 is a small fee to satisfy body and soul if you work as hard as i do.

@TOH

Did you know how much a ticket cost me and what i went thru' to get it? A ticket is like $500.00 as of Nov. I'm sure it's more than $2500.00

@TOH

OMG ! TOH, no other sport like American football. I bet if you understand the game you will never watch soccer again. Plus i was a wide reciever in high school, so it helps me to just love the game. It's a beautiful game !!!

@Debosky

What is your @ss doing on this thread? I guess you are all over the place, huh? You are the only idle bank worker i have ever seen.

@TOH

What's up baby?? Hey i got some thing for you.

@Savesoul

Bro'. It looked like you 've been jacked. I hope those ATM has a surveillance video monitor to help you prove your case if not, then you have just given your bank a gift of N20K. Nigeria and copy cat mentality. These banks has introduced the ATM to Nigerians and they don't even know how to operate an ATM. They think it's that easy to operate an ATM machine. Bad boys in TEXAS are using big trucks to knock down the whole ATM and take the machine to their house and empty the whole cash inside. Nigerian banks will soon give up on the idea of ATM.

@manoy

No, EKO AKETE, AROMI SA LEGBE LEGBE, ilu ogbon. i REPRESENT EKO FOR MY PARENT BUT I REPRESENT D TOWN FOR MYSELF

@manoy

I mean is there any significant difference in culture and attitudes of these different parts of Ekiti.

@manoy

Why are there so many Ekiti towns and names ? Is there any difference. No disrespect intended, just trying to learn.

@Poster

Not this coming year, partner. It's straight up worshiping God and stacking money. I think my playa days are over now, it's time to get serious with the ever present God. And paper chasing ofcourse, God's willing.

@TOH

Wzup sweetheart? How did you get your account back? I know you didn't travel to Ogun state did you? I sent you something on the Ekiti Thread. Hope you will check it out. How was Xmas? wishing you a prosperous new year.

@Bocin

I wonder what she told the first one. Women ^{(woe men)} i respect y'all.

@Poster

I will call the police and get them ready for the robbers . LoL

@Ckc

Are you sure it's only women that can apply Cause i know a guy that will just fall in love with that nose of yours and especially your nice, small frame. Let me know if you think a man can also apply, so i can give you his number. AND HE HIS A FAT WHITE GUY!!!

@Madeonline

Ain't nobody intimidated, most of these jokers are newly weds. Give them one or two more years, all those sweet things will become sweet nonsense. No be Naija women? so freaking hard to please and so freaking hard headed !!!

@Poster

Xmas is celebrated in Naija by closing both ends of the streets so that motorists cannot go through because there is a xmas party by some rich idiot !

@All

Here is some detective work for Y'all. This loser is 41 years. old. He must have been married for atleast 4 years or so, my guess is at the age of 41 is Dick (JT) might not be functioning properly anymore therefore his wife is seeking more action from somewhere else !!!

I have said it before and it seems my predictions are coming to reality. Most of these banks are really crooked, please becareful !!! This is a story i found in the Guardian newspaper today.









Monday, December 17, 2007

Govt worries over banks' style, practices

* Ask EFCC, others to step in

By Enitar Ugwu

BANKS in the country may soon be in for questioning, judging by the number of petitions on the desk of President Musa Yar'Adua on their ethics.


advertisement
Indeed, not only are their corporate governance credentials being called to question, posers are being raised on the personal conduct of some executives. Exclusive information gathered by The Guardian shows that these petitions were woven around banks' involvement in practices such as:

* laundering of money for governors;

* involvement in round tripping;

* buying of private jets by banks' bigwigs; and

* accessing of bank loans for share buying.

According to Presidency sources, the lifestyle of some bank executives has compelled shareholders to inundate the government with complaints and questions on what regulatory authorities are doing to verify whether some of the organisations are from the executives' private funds or shareholders' deposits. If shareholders' funds had been used, with whose approval?

Some of the banks are saying that the private jets in question are not their personal property.

One, for instance, informed The Guardian that the private jet is the property of his bank's asset management company.

However, what is not clear is whether their acquisitions had the approval of the banks' shareholders.

Even at that, the cost of the jets and mode of buying are yet unclear. Even so, the operational style of some of the banks has reportedly drawn the ire of the National Economic Intelligence (NEI) in addition to their handling of military pensions fund.

The President is said to have referred the cases to the Central Bank of Nigeria (CBN).

It was also gathered that the Economic and Financial Crimes Commission (EFCC) may be asked to look into some of these allegations such as banks' involvement in money laundering for governors.

The CBN and other financial regulatory authorities such as Security and Exchange Commission (SEC), and Nigerian Stock Exchange (SEC) may also have been asked to take a look at banks' share purchases with a view to unravelling how some of their directors came about the huge funds they used in buying those shares.

This scam has allegedly become rampant at this later stage of fund raising from the capital market by banks, owing to the CBN's resolve to slow down on the funds verification exercise for others.

It would be recalled that it usually took up to six months for this verification exercise, prompting investors to call for a shorter period to enable them to access their investment.

Sources said that the government worry is based on the need to avoid another round of bank distress.

These developments are coming on the heels of the Federal Government's resolve to join the recently launched United Nations/World Bank Stolen Assets Recovery Initiative.

This initiative is for the purpose of recovering substantial part of the nation's assets stashed away by present and past leaders with the assistance of banks.

The initiative was launched last September by the World Bank, in partnership with the United Nations Office of Drugs and Crime (UNODC) to help developing countries recover assets stolen by corrupt leaders and invest them in effective, people-oriented development programmes.

A source quoted the President as saying: "What I have done is to give the anti-corruption agencies like EFCC, ICPC, and the Code of Conduct Bureau the full support of government and total independence to act on any case of corruption."

© 2003 - 2005 @ Guardian Newspapers Limited (All Rights Reserved).
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@ All

check out this story that i found im the Guardian today.






Monday, December 17, 2007

Govt worries over banks' style, practices

* Ask EFCC, others to step in

By Enitar Ugwu

BANKS in the country may soon be in for questioning, judging by the number of petitions on the desk of President Musa Yar'Adua on their ethics.


advertisement
Indeed, not only are their corporate governance credentials being called to question, posers are being raised on the personal conduct of some executives. Exclusive information gathered by The Guardian shows that these petitions were woven around banks' involvement in practices such as:

* laundering of money for governors;

* involvement in round tripping;

* buying of private jets by banks' bigwigs; and

* accessing of bank loans for share buying.

According to Presidency sources, the lifestyle of some bank executives has compelled shareholders to inundate the government with complaints and questions on what regulatory authorities are doing to verify whether some of the organisations are from the executives' private funds or shareholders' deposits. If shareholders' funds had been used, with whose approval?

Some of the banks are saying that the private jets in question are not their personal property.

One, for instance, informed The Guardian that the private jet is the property of his bank's asset management company.

However, what is not clear is whether their acquisitions had the approval of the banks' shareholders.

Even at that, the cost of the jets and mode of buying are yet unclear. Even so, the operational style of some of the banks has reportedly drawn the ire of the National Economic Intelligence (NEI) in addition to their handling of military pensions fund.

The President is said to have referred the cases to the Central Bank of Nigeria (CBN).

It was also gathered that the Economic and Financial Crimes Commission (EFCC) may be asked to look into some of these allegations such as banks' involvement in money laundering for governors.

The CBN and other financial regulatory authorities such as Security and Exchange Commission (SEC), and Nigerian Stock Exchange (SEC) may also have been asked to take a look at banks' share purchases with a view to unravelling how some of their directors came about the huge funds they used in buying those shares.

This scam has allegedly become rampant at this later stage of fund raising from the capital market by banks, owing to the CBN's resolve to slow down on the funds verification exercise for others.

It would be recalled that it usually took up to six months for this verification exercise, prompting investors to call for a shorter period to enable them to access their investment.

Sources said that the government worry is based on the need to avoid another round of bank distress.

These developments are coming on the heels of the Federal Government's resolve to join the recently launched United Nations/World Bank Stolen Assets Recovery Initiative.

This initiative is for the purpose of recovering substantial part of the nation's assets stashed away by present and past leaders with the assistance of banks.

The initiative was launched last September by the World Bank, in partnership with the United Nations Office of Drugs and Crime (UNODC) to help developing countries recover assets stolen by corrupt leaders and invest them in effective, people-oriented development programmes.

A source quoted the President as saying: "What I have done is to give the anti-corruption agencies like EFCC, ICPC, and the Code of Conduct Bureau the full support of government and total independence to act on any case of corruption."

© 2003 - 2005 @ Guardian Newspapers Limited (All Rights Reserved).
Powered by dnetsystems.netdnet®

@presido1

Whatever, Fred Ajudua .

@Uzzyan

I prefer to start from the backyard and work my way to the front. Number 69 is a good number too, if you know what i mean. satisfaction guranteed !

@Poster

Why not buy your mother in-law a Tupac cd since it seems like you like Tupac.

@Uzzyan

Where do you want to be hit at ? Front,back or side 2 side ! Holla baby, i got what you need !

@Darfur

That is exactly the problem, EGO ! Nigerians have huge ego problems, Western world is about equality and there is no " Ranka dede" from any subordinates. It's really tough, living in Nigeria. Even if you have money, there are armed robbers everywhere, the political systems is highly unstable, there is even higher level of discrimination among the tribes, too much jealous and envy. I'm not saying western world by all means but atleast, they give you a chance to survive and get ahead. I don't know about London, but the USA gives you a very good shot at achieving your dream if you are legal. USA has offered me what Nigeria denied me.